Role of financial development in the export performance of a landlocked developing country: The case of Nepal

This paper, using the most recent index of financial development as developed in an IMF publication by Svirydzenka, examines role overall development, institutions, and markets export performance Nepal employing Autoregressive distributed lag (ARDL) approach cointegration annual datafrom 1980 to 2017. The results show that does not have a strong long-run positive relationship with Nepal. Financial institutions also indicate negative association exports. Therefore, it can be suggested based on there is need for developing strategies proper improving institution quality, widening market targeting facilitate more meaningfully exporters manufacturers boost performance.