Original scientific paper
https://doi.org/10.1080/1331677X.2021.1975554
An empirical analysis of the influence of financial development on export trade: evidence from Jiangsu province, China
Qiu Xinzhong
Abstract
In the past 30 years, Jiangsu Province in China has achieved great
feats regarding its export trade; however, its export trade growth
rate has not only been showing a recent downward trend but
also great fluctuations. Hence, the competitiveness of Jiangsu
Province’s export products seems to have weakened. Through an
empirical analysis, we demonstrate the relationship between
financial development and export trade in Jiangsu Province,
showing that the influence of financial development on the
growth and the structure of provincial export trade is relatively
weak. Thus, we believe that provincial financial development lacks
coordination with export trade, requiring further efforts from
actors at coordinating both. This paper puts forward relevant
suggestions that may facilitate stakeholders to promote the
steady development, transformation, and improvement of Jiangsu
Province’s export trade.
Keywords
Financial development; scale of export trade; structure of export trade; empirical analysis
Hrčak ID:
302057
URI
Publication date:
31.3.2023.
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