000			01484nam a22001577a 4500
999			_c518859 _d518859
008			211216b ||||| |||| 00| 0 eng d
100			_aZericho, R. and Marak, Deepa Pillai _930226
245			_aRelationship between international factoring and cross-border trade: A granger causality approach
260			_aMargin: The Journal of Applied Economic Research
300			_a15(3), Aug, 2021: p.320-337
520			_aTrade finance is integral for international trade as it offers fluidity and safety to the movement of merchandise and services globally. After the financial crisis of 2008–2009, there has been an increase in the use of open accounts, which enhances the possibilities for availing factoring for international trade. International factoring has witnessed considerable growth in the last decade. This article examines the relationship between international factoring and cross-border trade using Granger causality. It also examines the causal relations of international factoring with disaggregated data of cross-border trade of imports and exports. We find a unidirectional causal flow from international trade to international factoring, and a unidirectional casual flow from exports to international factoring. – Reproduced
650			_aFactoring, Trade finance, Cross-border trade, International trade, Import, Export, Granger causality _928844
773			_aMargin: The Journal of Applied Economic Research
906			_aINTERNATIONAL TRADE
942			_cAR