Credit Constraints and Exports: A Survey of Empirical Studies Using Firm Level Data

Publikation: Beiträge in SammelwerkenKapitelbegutachtet

Authors

Business managers are well aware of the fact that credit constraints can hamper or even prevent exporting. Economists only recently started to incorporate these arguments in theoretical models of heterogeneous firms and to test the implications of these models econometrically with firm-level data. Starting with the pioneering study by Greenaway, Guariglia and Kneller (Journal of International Economics, 2007), a growing number of empirical papers looked at the links between financial constraints and export activities using data at the level of the firm. This chapter presents a tabular survey of 32 empirical studies that cover 14 different countries plus five multi-country studies. The big picture can be summarized as follows: Financial constraints are important for the export decisions of firms - exporting firms are less financially constrained than non-exporting firms. Studies that look at the direction of this link usually report that less constrained firms self-select into exporting, but that exporting does not improve financial health of firms. The chapter argues that the results at hand should not be considered as stylized facts that can guide policy makers in an evidence-based way and suggests a strategy to further improve our knowledge in this area.

OriginalspracheEnglisch
TitelMicroeconometrics of International Trade
HerausgeberJoachim Wagner
Anzahl der Seiten21
VerlagWorld Scientific Publishing Co.
Erscheinungsdatum01.07.2016
Seiten401-421
ISBN (Print)9789813109681
ISBN (elektronisch)978-981-3109-69-8, 978-981-3109-70-4
DOIs
PublikationsstatusErschienen - 01.07.2016

Bibliographische Notiz

Publisher Copyright:
© 2016 by World Scientific Publishing Co. Pte. Ltd.

DOI

Zuletzt angesehen

Forschende

  1. Björn Buß

Publikationen

  1. Gemeinsam glücklicher
  2. Reprint of
  3. What shapes ground beetle assemblages in a tree species-rich subtropical forest?
  4. Sponsoring, brand value and social media
  5. The Cox ring of the space of complete rank two collineations
  6. Copenhagen Diabetes Consensus (CODIAC) 2021
  7. The relationship between working alliance and client outcomes in coaching
  8. The spillover effect of mimicry: Being mimicked by one person increases prosocial behavior toward another person
  9. The Interplay Between Supply Chain Transparency and NGO Pressure
  10. Kultur in Interaktion
  11. Hydration and Dehydration of CaO/ Ca(OH)2 and CaCl2 / CaCl2 * 6 H2O– TGA/ DSC studies
  12. The impacts of rare disasters on asset returns and risk premiums in advanced economies (1870–2015)
  13. Verkleben
  14. Gynandromorphy in Eulaema atleticana Nemésio (Apidae, Euglossini)
  15. Crossmodal Associations Between Olfaction and Vision
  16. INSA – Indicator System Sustainable Agriculture
  17. What do first-year students need? Digital badges for academic support to enhance student retention
  18. Nachhaltigkeit als Treiber des Unternehmenserfolgs
  19. Running off the road
  20. Labrets in Africa and Amazonia
  21. Konfliktlösung durch Verhandlung
  22. Mehrsprachigkeit und Interkulturalität in Fremdsprachenportfolios
  23. The romanian grassland database (RGD)
  24. Forming-induced damage and its effects on product properties
  25. ASE
  26. Recent Capital Market Regulatory Developments in Germany and the EU
  27. Opening Minds
  28. Stratification of stakeholders for participation in the governance of coastal social-ecological systems
  29. Assistenz
  30. An Arab Predecessor to Western (Trans-)Secular Thought
  31. Beyond the Market
  32. Multiple
  33. Productivity and the Product Scope of Multi-Product Firms: A Test of Feenstra-Ma
  34. Socioecological Interactions amid Global Change
  35. "Thinking about the unthinkable"
  36. MännerWeltWald
  37. Die Aufgabe der Erinnerung in der Pädagogik
  38. Schreibfähigkeit
  39. Strom aus der Wüste
  40. Monster und Freaks
  41. Armut und Reichtum