Credit Constraints and Margins of Import: First Evidence for German Manufacturing Enterprises
Publikation: Beiträge in Sammelwerken › Kapitel › begutachtet
Authors
This study uses tailor-made enterprise-level data for 2008-2010 from various sources for firms from manufacturing industries to test for the link between credit constraints, measured by a credit rating score provided by a leading credit rating agency, and imports in Germany for the first time. We find empirical evidence that a better credit rating score is positively related to extensive margins of import - firms with a better score have a higher probability to import, they import more goods and they source from more countries of origin. The intensive margin of imports - the share of imports in total sales - is found not to be related to credit constraints.
Originalsprache | Englisch |
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Titel | Microeconometrics of International Trade |
Herausgeber | Joachim Wagner |
Anzahl der Seiten | 30 |
Verlag | World Scientific Publishing Co. |
Erscheinungsdatum | 01.07.2016 |
Seiten | 423-452 |
ISBN (Print) | 9789813109681 |
ISBN (elektronisch) | 9789813109698, 978-981-3109-70-4 |
DOIs | |
Publikationsstatus | Erschienen - 01.07.2016 |
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