FINANCIAL DEVELOPMENT AND TRADE OPENNESS: A TIME SERIES ANALYSIS

被引：0
|
作者：
Toan Ngoc Bui [1 ]
机构：
[1] Ind Univ Ho Chi Minh City IUH, Fac Finance & Banking, Ho Chi Minh City, Vietnam
来源：
ADVANCES AND APPLICATIONS IN STATISTICS | 2020年 / 62卷 / 01期
关键词：
domestic credit; financial development; time series; trade openness; Vietnam;
D O I：
10.17654/AS062010067
中图分类号：
O21 [概率论与数理统计]; C8 [统计学];
学科分类号：
020208 ; 070103 ; 0714 ;
摘要：
The paper investigates the correlation between financial development and trade openness in Vietnam. Time series data are collected from 2005:Q1 to 2018:Q4. The author employs the autoregressive distributed lag (ARDL) approach which shows it appropriateness for empirical research using relatively short time series (less observations), particularly with developing countries like Vietnam. The results report the unidirectional impact of financial development on trade openness in the short run and long run, which is mainly positive. The results are essential not only for Vietnam but also for other developing nations around the world. Based on them, the policy makers are able to develop suitable policies for the improvement of financial development together with an effective and sustainable import-export operation.
引用
收藏
页码：67 / 77
页数：11
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