金融发展与贸易结构——基于HO模型的扩展分析

Finance Development and Trade Structure-An Additional Analysis Based on HO Model

主流贸易理论大多忽视金融因素对比较优势和贸易结构的影响。本文在综述相关文献的基础上,将金融发展因素引入HO的理论框架中,说明金融发展可以通过提高资本禀赋和促进技术进步来影响一国的比较优势。在其他条件都相同的情况下,金融发展的水平越高。

Based on the relative literatures, this article expands the mainstream trade theory by involving the element of finance development, and points out that by way of increasing accumulation of capital and stimulating technical advancement, a country's trade structure will be affected. Finance development will enhance domestic comparative advantages of capital endowment and technology, increase the ratio of capital-intensive and technology-intensive products to export commodity and optimize the trade structure.