Does Trade Openness Affect Bank Risk-Taking Behavior? Evidence from BRICS Countries
In this paper, we examine the impact of trade openness on bank risk-taking behavior employing a panel dataset of 899 banks from the BRICS (i.e., Brazil, Russia, India, China, and South Africa) countries over the period 2000–2017. We find that higher trade openness lowers bank risk-taking. Our result...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2020-09-01
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Series: | Economies |
Subjects: | |
Online Access: | https://www.mdpi.com/2227-7099/8/3/75 |