Welcome to the InfoSci Platform
Reference Hub1
Financial Fragility and Its Impacts on International Trade and Economic Growth: New Evidence From Fragile Five and Troubled Ten Countries

Financial Fragility and Its Impacts on International Trade and Economic Growth: New Evidence From Fragile Five and Troubled Ten Countries

Ayberk Şeker
Copyright: © 2021 |Pages: 16
ISBN13: 9781799883142|ISBN10: 1799883140|ISBN13 Softcover: 9781799883159|EISBN13: 9781799883166
DOI: 10.4018/978-1-7998-8314-2.ch009
Cite Chapter Cite Chapter

MLA

Şeker, Ayberk. "Financial Fragility and Its Impacts on International Trade and Economic Growth: New Evidence From Fragile Five and Troubled Ten Countries." Impact of Global Issues on International Trade, edited by Ahu Coşkun Özer, IGI Global, 2021, pp. 158-173. https://doi.org/10.4018/978-1-7998-8314-2.ch009

APA

Şeker, A. (2021). Financial Fragility and Its Impacts on International Trade and Economic Growth: New Evidence From Fragile Five and Troubled Ten Countries. In A. Coşkun Özer (Ed.), Impact of Global Issues on International Trade (pp. 158-173). IGI Global. https://doi.org/10.4018/978-1-7998-8314-2.ch009

Chicago

Şeker, Ayberk. "Financial Fragility and Its Impacts on International Trade and Economic Growth: New Evidence From Fragile Five and Troubled Ten Countries." In Impact of Global Issues on International Trade, edited by Ahu Coşkun Özer, 158-173. Hershey, PA: IGI Global, 2021. https://doi.org/10.4018/978-1-7998-8314-2.ch009

Export Reference

Mendeley
Favorite

Abstract

International trade cannot be considered separate from the current financial system in the context of imports and exports. In this context, the impact on international trade should be analyzed under the financial fragility hypothesis. This chapter aims to analyze the effects of financial fragility on Fragile Five and Troubled Ten countries' economic growth and trade strategies. In this direction, long-term relationships between variables are analyzed by Westerlund panel cointegration tests. According to the result of the panel cointegration tests, there are long-term relationships between exports, imports, gross domestic product, and financial fragility index. After determining the long-term relationships between variables, causality analyses have been carried out to reveal the direction of these relationships. According to Dumitrescu-Hurlin panel causality test results, there are bidirectional causality relationships between financial fragility index and export, import, and gross domestic product.

Request Access

You do not own this content. Please login to recommend this title to your institution's librarian or purchase it from the IGI Global bookstore.