文章基本信息

标题：Institutions, economic openness and credit cycles: An international evidence
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作者：Canh Phuc Nguyen ; Christophe Schinckus ; Su Dinh Thanh 等
期刊名称：Journal of International Studies
印刷版ISSN：2071-8330
电子版ISSN：2306-3483
出版年度：2020
卷号：13
期号：4
页码：229-247
DOI：10.14254/2071-8330.2020/13-4/16
语种：English
出版社：Centre of Sociological Research, Szczecin, Poland
摘要：This study aims at investigating the influence of institutions and economic openness on credit cycles in a global sample. Six institutional quality indicators combined with net inward FDI and trade openness are collected to estimate, respectively, the effects of institutions and economic openness on credit cycles. Our panel data covers 60 economies, including 32 low- and middle-income economies (LMEs) and 28 high-income economies (HIEs), the data ranging between 2003 and 2017. Although better institutions tend to stimulate credit growth, they significantly stabilize credit cycles. These findings are documented with significant results in LMEs while it is less obvious in HIEs.
关键词：institutional quality;FDI;trade openness;credit cycles