Non-Price Competitiveness and Financial Drivers of Exports: Evidences from Italian Regions

Algieri B (2011) Modelling export equations using an unobserved component model: the case of the Euro Area and its competitors. Emp Econ 41(3):593–637 Algieri B (2015) Price and non-price competitiveness in export demand: empirical evidence from Italy. Empirica 42(1):157–183 Amiti M, Weinstein DE (2011) Exports and financial shocks. Q J Econ 126:1841–1877 Antras P, Caballero RJ (2009) Trade and capital flows: a financial frictions perspective. J Political Econ 117:701–744 Arellano M, Bond S (1991) Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. Rev Econ Stud 58:277–297 Arellano M, Bover O (1995) Another look at the instrumental variables estimation of error components models. J Econometr 68:29–51 Auboin M (2009) Boosting the availability of trade finance in the current crisis: background analysis for a substantial G20 Package. CEPR Working Paper 35 Baldwin R, Krugman PR (1989) Persistent trade effects of large exchange rate shocks. Q J Econ 104(4):635–654 Baldwin RE (1989) Exporting the capital market: comparative advantage and capital market imperfections. In: Audretsch DB, Sleuwaegen L, Yamawaki H (eds) The convergence of international and domestic markets. North-Holland, Amsterdam, pp 135–152 Baltagi BH (2013) Econometric analysis of panel data. Wiley, Chichester Bartoli F, Ferri G, Murro P, Rotondi Z (2014) Bank support and export: evidence from small Italian firms. Small Busi Econ 42:245–264 Baum FC (2006) An introduction to modern econometrics using stata. Stata, Texas Beck T (2002) Financial development and international trade: is there a link? J Int Econ 57:107–131 Beck T (2003) Financial dependence and international trade. Rev Int Econ 11(2):296–316 Beck T, Demirgüç-Kunt A, Levine R (2000) A new database on financial development and structure. World Bank Econ Rev 14:597–605 Becker B, Chen J, Greenberg D (2013) Financial development, fixed costs, and international trade. Rev Corp Financ Stud 2(1):1–28 Benkovskis K, Wörz J (2012) Non-Price competitiveness gains of central, eastern and southeastern European Countries in the EU Market, ECB, Focus on European Economic Integration (Q3/2012), pp 27–47 Blundell R, Bond S (1998) Initial conditions and moment restrictions in dynamic panel data models. J Econom 87(1):115–143 Bonaccorsi di Patti E (2009) Weak institutions and credit availability: the impact of crime on bank loans. QEF, 52, Banca d’Italia Braun M, Larrain B (2004) Finance and the business cycle: international, inter-industry evidence. J Financ 60(3):1097–1128 Braun M, Raddatz C (2007) Trade liberalization, capital account liberalization and the real effects of financial development. J Int Money Financ 26:730–761 Broda C, Weinstein D (2006) Globalization and the gains from variety. Q J Econ 121(2):541–585 Caporale GM, Chui MKF (1999) Estimating Income and price elasticities of trade in a cointegration framework. Rev Int Econ 7(2):254–264 Carlin W, Mayer C (1999) Finance, investment and growth. CEPR Working Paper No. 2233, London Coccorese P, Silipo DB (2012) Il ruolo della finanza nello sviluppo e nel declino dell’economia italiana. In: Messori M, Silipo DB (eds) Il modello di sviluppo dell’economia italiana quarant’anni dopo. Milano, Egea, pp 129–143 D’Antonio M, Scarlato M (2007) I laureati del Mezzogiorno: una Risorsa Sottoutilizzata o Dispersa, Quaderno SVIMEZ No. 10 De Bonis R, Ferri G, Rotondi Z (2015) Do firm-bank relationships affect firms’ internationalization? Int Econ 142:60–80 Deloof M, La Rocca M (2014) Local financial development and the trade credit policy of Italian SMEs. Small Busi Econ. doi:10.1007/s11187-014-9617-x Demir F, Dahi OS (2011) Asymmetric effects of financial development on South-south and south-north trade: panel data evidence from emerging markets. J Dev Econ 94:139–149 Dixit A (1989) Entry and exit decisions under uncertainty. J Political Econ 97(3):620–638 Dow S, Montagnoli A, Napolitano O (2012) Interest rates and convergence across Italian regions. Reg Stud 46(7):893–905 Edwards L, Wilcox O (2003) Exchange rate depreciation and the trade balance in South Africa. In: Paper prepared for the National Treasury Fabrizio S, Igan D, Mody A (2007) The dynamics of product quality and international competitiveness. IMF Working Paper No. 97, Washington DC: International Monetary Fund Feenstra R (1994) New product varieties and the measurement of international prices. Am Econ Rev 84(1):157–177 Frazzoni S, Mancusi ML, Rotondi Z, Sobrero M, Vezzulli A (2014) Relationships with banks and access to credit for innovation and internationalization of SMEs, paper available on line: http://www.siecon.org/online/wp-content/uploads/2014/10/Frazzoni-Mancusi-Rotondi-Sobrero-Vezzulli-275.pdf Giannola A, Lopes A, Zazzaro A (2012) La convergenza dello sviluppo finanziario tra le regioni italiane dal 1890 ad oggi, MoFiR, Money and Finance Research Group, working paper \(\text{n}^{\circ }\) 74, September Goldstein M, Khan MS (1985) Income and price effects in foreign trade. In: Jones R, Kenen P (eds) Handbook of International Economics, vol II. North-Holland, Amsterdam, pp 1042–1099 Gonzales S (2011) The north/south divide in Italy and England: discursive construction of regional inequality. Eur Urban Reg Stud 18(1):62–76 Greenaway D, Guariglia A, Kneller R (2007) Financial factors and exporting decisions. J Int Econ 73(2):377–395 Guiso L, Sapienza P, Zingales L (2004) Does local financial development matter? Q J Econ 119:929–969 Hooper P, Johnson K, Marquez J (2000) Trade elasticities for G-7 countries, Princeton studies in international economics, No. 87. University Press, Princeton Hummels DM, Klenow PJ (2005) The variety and quality of a nation’s exports. Am Econ Rev 95(3):704–723 Hur J, Raj M, Riyanto YE (2006) Finance and trade: a cross-country empirical analysis on the impact of financial development and asset tangibility on international trade. World Dev 34(10):1728–1741 ISTAT (2016) Noi Italia and Indicatori territoriali per le politiche di sviluppo, Rome Kletzer K, Bardhan P (1987) Credit markets and patterns of international trade. J Dev Econ 27:57–70 Krugman P (1989) Differences in income elasticities and trends in real exchange rates. Eur Econ Rev 33(5):1031–1054 Levine R, Loayza N, Beck T (2000) Financial intermediation and growth: causality and causes. J Monet Econ 46:31–77 Lissovolik B (2008) Trends in Italy’s nonprice competitiveness, IMF Working Paper No. 124, Washington DC: International Monetary Fund Manova K (2008) Credit constraints, equity market liberalizations and international trade. J Int Econ 76:33–47 Manova K (2013) Credit constraints, heterogeneous firms, and international trade. Rev Econ Stud 80:711–744 Marquez J, McNeilly C (1988) Income and price elasticities for exports of developing countries. Rev Econ Stat 70(2):306–314 Matsuyama K (2005) Credit market imperfections and patterns of international trade and capital flows. J Eur Econ Assoc 3(2–3):714–723 Minetti R, Zhu SC (2011) Credit constraints and firm export: microeconomic evidence from Italy. J Int Econ 83:109–125 Muûls M (2008) Exporters and credit constraints. A firm-level approach. Working Paper 200809-22, National Bank of Belgium OECD (2000) Modelling manufacturing export volumes equations: a system estimation approach, by Murata, K., Turner, D., Rae, D., Le Fouler L., OECD Economics Department Working Papers, No. 235, OECD Publishing Rajan R, Zingales L (1998) Financial dependence and growth. Am Econ Rev 88:559–587 Roodman D (2006) How To Do xtabond2: An Introduction to “Difference” and “System” GMM in Stata, Center for Global Development Working Paper No. 103 Samba MC, Yan Y (2009) Financial development and international trade in manufactures: an evaluation of the relation in some selected Asian countries. In J Busi Manag 4(12):52–69 Senhadji AS, Montenegro CE (1998) Time series analysis of export demand equations: a cross-country analysis, IMF Working Paper, No. 149, Washington DC: International Monetary Fund Svaleryd H, Vlachos J (2005) Financial markets, the pattern of industrial specialization and comparative advantage: evidence from OECD countries. Eur Econ Rev 49:113–144 UNCTAD (2007) Trade and development report. UNCTAD, Geneva Usai S, Vannini M (2005) Banking structure and regional economic growth: lessons from Italy. Ann Reg Sci 39:691–714 The Economist (2015) A tale of two economies, 16 May Windmeijer F (2005) A finite sample correction for the variance of linear efficient two-step GMM estimators. J Econom 126:25–51 Wynne J (2005) Wealth as a determinant of comparative advantage. Am Econ Rev 95:226–254