D. Acemoglu, S. Johnson, and J. Robinson, The Colonial Origins of Comparative Development: An Empirical Investigation, American Economic Review, vol.91, issue.5, pp.1369-1401, 2001.
DOI : 10.1257/aer.91.5.1369

F. D. Allen and G. , Comparing Financial Systems, 2000.

M. Amiti and D. E. Weinstrein, Exports and Financial Shocks, The Quarterly Journal of Economics, vol.126, issue.4, pp.1841-1877, 2011.
DOI : 10.1093/qje/qjr033

R. Baldwin and P. Krugman, Persistent Trade Effects of Large Exchange Rate Shocks, The Quarterly Journal of Economics, vol.104, issue.4, pp.635-654, 1989.
DOI : 10.2307/2937860

B. H. Baltagi, P. O. Demetriades, and S. H. Law, Financial development and openness: Evidence from panel data, Journal of Development Economics, vol.89, issue.2, pp.285-296, 2009.
DOI : 10.1016/j.jdeveco.2008.06.006

R. J. Barro, Economic Growth in a Cross Section of Countries, The Quarterly Journal of Economics, vol.106, issue.2, pp.407-443, 1991.
DOI : 10.2307/2937943

T. Beck, Financial development and international trade, Journal of International Economics, vol.57, issue.1, pp.107-131, 2002.
DOI : 10.1016/S0022-1996(01)00131-3

T. Beck, Financial Dependence and International Trade, Review of International Economics, vol.85, issue.2, pp.296-316, 2003.
DOI : 10.1086/261911

B. Becker and D. Greenberg, Financial Development, Fixed Costs and International Trade. Working paper, 2007.

F. Bellone, P. Musso, L. Nesta, and S. Schiavo, Financial constraints and firm export behaviour. The World Economy, pp.347-373, 2010.

C. Calderòn and L. Liu, The direction of causality between financial development and economic growth, Journal of Development Economics, vol.72, issue.1, pp.321-334, 2003.
DOI : 10.1016/S0304-3878(03)00079-8

T. Chaney, Liquidity Constrained Exporters. Working paper, 2005.

D. Dickey and W. Fuller, Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root, Econometrica, vol.49, issue.4, pp.1057-1072, 1981.
DOI : 10.2307/1912517

Q. Do and A. Levchenko, Comparative advantage, demand for external finance, and financial development, Journal of Financial Economics, vol.86, issue.3, pp.796-834, 2007.
DOI : 10.1016/j.jfineco.2006.11.004

R. F. Engle, Co-Integration and Error Correction: Representation, Estimation, and Testing, Econometrica, vol.55, issue.2, pp.251-276, 1987.
DOI : 10.2307/1913236

J. Geweke, R. Meese, and W. Dent, Comparing alternative tests of causality in temporal systems, Journal of Econometrics, vol.21, issue.2, pp.161-194, 1983.
DOI : 10.1016/0304-4076(83)90012-X

C. W. Granger, Economic processes involving feedback, Information and Control, vol.6, issue.1, pp.28-48, 1963.
DOI : 10.1016/S0019-9958(63)90092-5

D. Greenaway, A. Guariglia, and R. Kneller, Financial factors and exporting decisions, Journal of International Economics, vol.73, issue.2, pp.377-395, 2007.
DOI : 10.1016/j.jinteco.2007.04.002

T. Gries, M. Kraft, and D. Meierrieks, Linkages Between Financial Deepening, Trade Openness, and Economic Development: Causality Evidence from Sub-Saharan Africa, World Development, vol.37, issue.12, pp.371849-1860, 2009.
DOI : 10.1016/j.worlddev.2009.05.008

Y. Huang and J. Temple, Does external trade promote financial development ? Working Paper 5150, 2005.

S. Johansen, Statistical analysis of cointegration vectors, Journal of Economic Dynamics and Control, vol.12, issue.2-3, pp.231-254, 1988.
DOI : 10.1016/0165-1889(88)90041-3

J. Ju and S. Wei, Endowment Versus Finance: A Wooden Barrel Theory of International Trade, IMF Working Papers, vol.05, issue.123, 2005.
DOI : 10.5089/9781451861426.001

R. G. King and R. Levine, Finance and Growth: Schumpeter Might Be Right, The Quarterly Journal of Economics, vol.108, issue.3, pp.717-737, 1993.
DOI : 10.2307/2118406

M. W. Klein and G. P. Olivei, Capital Account Liberalization, Financial Depth, and Economic Growth, Journal of International Money and Finance, vol.27, issue.6, pp.891-911, 2008.

K. Kletzer and P. Bardhan, Credit markets and patterns of international trade, Journal of Development Economics, vol.27, issue.1-2, pp.57-70, 1987.
DOI : 10.1016/0304-3878(87)90006-X

P. R. Krugman and M. Obstfeld, International Economics. Theory and Policy, 2009.

R. Levine, Financial development and economic growth : Views and Agenda, Journal of Economic Literature, vol.35, issue.2, pp.688-726, 1997.
DOI : 10.1596/1813-9450-1678

K. Manova, Credit Constraints in Trade : Financial Development and Export Composition, 2005.

K. Manova, Credit Constraints, Heterogeneous Firms, and International Trade, 2006.
DOI : 10.2139/ssrn.952552
URL : http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.466.5206

K. Manova, Credit constraints, equity market liberalizations and international trade, Journal of International Economics, vol.76, issue.1, pp.33-47, 2008.
DOI : 10.1016/j.jinteco.2008.03.008

M. Muuls, Exporters and credit constraints. A firm-level approach. Working Paper, 2008.

H. T. Patrick, Financial Development and Economic Growth in Underdeveloped Countries, Economic Development and Cultural Change, vol.14, issue.2, pp.174-189, 1966.
DOI : 10.1086/450153

P. C. Phillips and P. Perron, Testing for a unit root in time series regression, Biometrika, vol.75, issue.2, pp.335-346, 1988.
DOI : 10.1093/biomet/75.2.335

D. A. Pierce and L. D. Haugh, Causality in temporal systems, Journal of Econometrics, vol.5, issue.3, pp.265-293, 1977.
DOI : 10.1016/0304-4076(77)90039-2

R. Rajan and L. Zingales, Financial dependence and growth, American Economic Review, vol.88, issue.3, pp.559-586, 1998.
DOI : 10.3386/w5758

J. Robinson, The Rate of Interest and other Essays, 1952.

N. Roubini and X. Sala-i-martin, A growth Model of Inflation, Tax Evasion, and Financial Repression, 1992.

S. E. Said and D. Dickey, Testing for unit roots in autoregressive-moving average models of unknown order, Biometrika, vol.71, issue.3, pp.71599-607, 1984.
DOI : 10.1093/biomet/71.3.599

W. Schwert, Tests for Unit Roots, Journal of Business & Economic Statistics, vol.20, issue.1, pp.147-159, 1989.
DOI : 10.1198/073500102753410354

C. Sims, Money, Income, and Causality, American Economic Review, vol.62, issue.4, pp.540-552, 1972.

H. Svaleryd and J. Vlachos, Financial markets, the pattern of industrial specialization and comparative advantage: Evidence from OECD countries, European Economic Review, vol.49, issue.1, pp.113-144, 2005.
DOI : 10.1016/S0014-2921(03)00030-8

A. Thomas, Financial Crises and Emerging Market Trade. Working paper, I M F Staff Position Note, 2009.
DOI : 10.5089/9781455280476.004