-selection into export and potential endogeneity of the financial constraints proxy …

country-specific fixed cost in the choice of direct versus indirect modes of export. Recent theoretical work suggests that …

countries. The model highlights how imports from a specific country affects a firm's decision to export to that country (the … extensive margin), as well as its export value (the intensive margin). The model shows that the effect of both distance and … market size on the export margins is magnified when imports in intermediates are accounted for. Indeed, to the extent that …