TY - RPRT AU - Defever, Fabrice AU - Suedekum, Jens TI - Financial Liberalization and the Relationship-Specificity of Exports PY - 2013/Jun/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 7479 UR - https://www.iza.org/publications/dp7479 AB - We investigate the causal impact of equity market liberalizations in the period 1980-1997 on sectoral export performance across 91 countries. The increased availability of external finance has boosted trade of industries that intensively use relationshipspecific inputs, and lowered exports of industries using standardized inputs. KW - international trade KW - financial liberalization KW - credit constraints KW - relationship‐specificity ER -