Credit constraints and exports: Evidence for German manufacturing enterprises

Publikationen: Arbeits- oder Diskussionspapiere und BerichteArbeits- oder Diskussionspapiere

Standard

Credit constraints and exports: Evidence for German manufacturing enterprises. / Wagner, Joachim.

Lüneburg : Institut für Volkswirtschaftslehre der Universität Lüneburg, 2012. (Working Paper Series in Economics; Nr. 251).

Publikationen: Arbeits- oder Diskussionspapiere und BerichteArbeits- oder Diskussionspapiere

Harvard

Wagner, J 2012 'Credit constraints and exports: Evidence for German manufacturing enterprises' Working Paper Series in Economics, Nr. 251, Institut für Volkswirtschaftslehre der Universität Lüneburg, Lüneburg.

APA

Wagner, J. (2012). Credit constraints and exports: Evidence for German manufacturing enterprises. (Working Paper Series in Economics; Nr. 251). Lüneburg: Institut für Volkswirtschaftslehre der Universität Lüneburg.

Vancouver

Wagner J. Credit constraints and exports: Evidence for German manufacturing enterprises. Lüneburg: Institut für Volkswirtschaftslehre der Universität Lüneburg. 2012, (Working Paper Series in Economics; 251).

Bibtex

@techreport{0556f1049d94487388b9134ed8f65d10,
title = "Credit constraints and exports: Evidence for German manufacturing enterprises",
abstract = "This study uses newly available enterprise level data for firms from manufacturing industries in Germany to test for the link between credit constraints, measured by a credit rating score from the leading credit rating agency Creditreform, and exports. In line with hypotheses from theoretical model we find a positive link between a better credit rating score of a firm and both the probability that the firm is an exporter and a higher share of exports in total sales. This link, though statistically highly significant, is not very strong from an economic point of view. While empirical evidence for the hypothesis that credit constrained firms are less likely to start to export is at best weak, we find no evidence for a statistically significant difference in credit rating scores between firms that stopped to export and firms that continued to export.",
keywords = "Economics, credit constraints, exports, Germany",
author = "Joachim Wagner",
year = "2012",
language = "English",
series = "Working Paper Series in Economics",
publisher = "Institut f{\"u}r Volkswirtschaftslehre der Universit{\"a}t L{\"u}neburg",
number = "251",
type = "WorkingPaper",
institution = "Institut f{\"u}r Volkswirtschaftslehre der Universit{\"a}t L{\"u}neburg",

}

RIS

TY - UNPB

T1 - Credit constraints and exports: Evidence for German manufacturing enterprises

AU - Wagner,Joachim

PY - 2012

Y1 - 2012

N2 - This study uses newly available enterprise level data for firms from manufacturing industries in Germany to test for the link between credit constraints, measured by a credit rating score from the leading credit rating agency Creditreform, and exports. In line with hypotheses from theoretical model we find a positive link between a better credit rating score of a firm and both the probability that the firm is an exporter and a higher share of exports in total sales. This link, though statistically highly significant, is not very strong from an economic point of view. While empirical evidence for the hypothesis that credit constrained firms are less likely to start to export is at best weak, we find no evidence for a statistically significant difference in credit rating scores between firms that stopped to export and firms that continued to export.

AB - This study uses newly available enterprise level data for firms from manufacturing industries in Germany to test for the link between credit constraints, measured by a credit rating score from the leading credit rating agency Creditreform, and exports. In line with hypotheses from theoretical model we find a positive link between a better credit rating score of a firm and both the probability that the firm is an exporter and a higher share of exports in total sales. This link, though statistically highly significant, is not very strong from an economic point of view. While empirical evidence for the hypothesis that credit constrained firms are less likely to start to export is at best weak, we find no evidence for a statistically significant difference in credit rating scores between firms that stopped to export and firms that continued to export.

KW - Economics

KW - credit constraints

KW - exports

KW - Germany

M3 - Working papers

T3 - Working Paper Series in Economics

BT - Credit constraints and exports: Evidence for German manufacturing enterprises

PB - Institut für Volkswirtschaftslehre der Universität Lüneburg

CY - Lüneburg

ER -

Dokumente

Beziehungsdiagramm