European Accounting Harmonisation: Consequences of IFRS Adoption on Trade in Goods and Foreign Direct Investments
AbstractThis paper focuses on the importance of accounting harmonisation in foreign activities at country level. The adoption of International Financial Reporting Standards (IFRS) is considered to reduce information costs among countries and, therefore, encourage international trade in goods and investment. The results provide evidence that benefits exist in terms of trade in goods and foreign direct investments (FDI) when IFRS are adopted.
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Bibliographic InfoPaper provided by Economics Department, Universitat Jaume I, Castellón (Spain) in its series Working Papers with number 2011/08.
Length: 26 pages
Date of creation: 2011
Date of revision:
IFRS; trade in goods; FDI; gravity;
Other versions of this item:
- Laura Márquez-Ramos, 2011. "European Accounting Harmonization: Consequences of IFRS Adoption on Trade in Goods and Foreign Direct Investments," Emerging Markets Finance and Trade, M.E. Sharpe, Inc., vol. 47(0), pages 42-57, September.
- F40 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - General
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