Lee, Hsiao-Hui; Yang, S. Alex; Zhang, Yuxuan; Kim, Kijin - 2021
This paper empirically examines how sectoral comovements are correlated with trade credit usage in a multi … economies. We provide empirical evidence that trade credit linkage is an influential channel for both the domestic and cross … of this relationship and find that, from 2000 to 2018, the positive relationship between the intensity of trade credit …