Specialization or Diversification—The Impact of Financial Credit Development on China’s Export
نویسندگان
چکیده
By using the data of Chinese manufacturing enterprises between 1999 and 2009, the specialization and diversification of China’s exports are calculated. The relationship between financial development and the specialization of export and diversification of exports were studied by using dynamic panel data. It is found that financial credit development could significantly improve specialization of China’s exports, while the diversification of exports is decreased by financial credit development. But there exsit significant differences among regions in China, Based on the empirical results, several policy suggestions are put forward to effectively improve the specialization and diversification of China’s export of different regions.
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