TY - JOUR

T1 - Credit Constraints and the Extensive Margins of Exports

T2 - First Evidence for German Manufacturing

AU - Wagner, Joachim

N1 - Publisher Copyright: © Author(s) 2015.

PY - 2015/7/9

Y1 - 2015/7/9

N2 - This paper uses a unique newly constructed data set to investigate for the first time the link between credit constraints and the extensive margins of exports in Germany, one of the leading actors on the international market for goods. In line with theoretical considerations and comparable results reported for a small number of other countries the author reports a negative impact of credit constraints on both the number of goods exported and the number of export destination countries that is both statistically highly significant and large from an economic point of view.

AB - This paper uses a unique newly constructed data set to investigate for the first time the link between credit constraints and the extensive margins of exports in Germany, one of the leading actors on the international market for goods. In line with theoretical considerations and comparable results reported for a small number of other countries the author reports a negative impact of credit constraints on both the number of goods exported and the number of export destination countries that is both statistically highly significant and large from an economic point of view.

KW - Economics

KW - Credit constraints

KW - Exports

KW - Extensive margins

UR - http://www.scopus.com/inward/record.url?scp=84937459184&partnerID=8YFLogxK

U2 - 10.5018/economics-ejournal.ja.2015-18

DO - 10.5018/economics-ejournal.ja.2015-18

M3 - Journal articles

VL - 9

SP - 1

EP - 17

JO - Economics

JF - Economics

SN - 1864-6042

IS - 18

ER -