Abstract
Contract enforcement plays an important role in international lending. The hypotheses that better contract enforcement increases the level and lengthens the maturity of international debt are examined. Panel data are used for 83 developing and emerging market economies for the period 1982-1997 to examine these hypotheses. The empirical evidence supports these hypotheses.
Original language | English |
---|---|
Pages (from-to) | 359-364 |
Number of pages | 6 |
Journal | Applied Economics Letters |
Volume | 13 |
Issue number | 6 |
DOIs | |
Publication status | Published - May 15 2006 |
Externally published | Yes |
ASJC Scopus subject areas
- Economics and Econometrics