European Accounting Harmonization: Consequences of IFRS Adoption on Trade in Goods and Foreign Direct Investments
AbstractThis paper focuses on the importance of accounting harmonization in foreign activities at the country level. The adoption of International Financial Reporting Standards (IFRS) is considered to reduce information costs among countries and, therefore, to encourage international trade in goods and investment. The results provide evidence that benefits exist in terms of trade in goods and foreign direct investment when IFRS are adopted.
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Bibliographic InfoArticle provided by M.E. Sharpe, Inc. in its journal Emerging Markets Finance and Trade.
Volume (Year): 47 (2011)
Issue (Month): 0 (September)
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Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=111024
FDI; gravity; IFRS; trade in goods;
Other versions of this item:
- Laura Márquez-Ramos, 2011. "European Accounting Harmonisation: Consequences of IFRS Adoption on Trade in Goods and Foreign Direct Investments," Working Papers 2011/08, Economics Department, Universitat Jaume I, Castellón (Spain).
- F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
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