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this set-up to the relationship between export dynamics and economic development. Trade flows are assumed to grow as a … economic development literature: although export is very concentrated so that large bilateral flows are rare, countries … characterized by a large number of export relations are more likely to capture such “big hits”. The stochastic model provides a …
Persistent link: https://www.econbiz.de/10011260059
The paper analyzes the link between financial constraints and firms' export decisions, using a large micro-level data … evidence that participation to exports market improves a firm financial health but not that export starters display specific ex …-ante financial advantages. By contrast, our result supports the view that financial constraints act as a barrier to export …
Persistent link: https://www.econbiz.de/10010812568
The paper analyzes the link between financial constraints and firm export behavior. Our main finding is that firms … literature which found evidence that export participation improves firm financial health, but not that export starters display … any ex-ante financial advantage. On the contrary, we find that financial constraints act as a barrier to export …
Persistent link: https://www.econbiz.de/10010756393
The paper analyzes the link between financial constraints and firms' export decisions, using a large micro-level data … evidence that participation to exports market improves a firm financial health but not that export starters display specific ex …-ante financial advantages. By contrast, our result supports the view that financial constraints act as a barrier to export …
Persistent link: https://www.econbiz.de/10010756633
The paper analyzes the link between financial constraints and firms' export decisions, using a large micro-level data … evidence that participation to exports market improves a firm financial health but not that export starters display specific ex …-ante financial advantages. By contrast, our result supports the view that financial constraints act as a barrier to export …
Persistent link: https://www.econbiz.de/10010756782
This paper analyzes the impact of increasing international competition on the evolution of export prices in the last … three decades. We investigate both the sensitivity of export prices to exchange rate movements, and the dynamics of profit … margins for a large number of manufacturing products exported by France, Germany and Italy. We find that export price dynamics …
Persistent link: https://www.econbiz.de/10008478423
The paper analyzes the link between financial constraints and firm export behavior. Our main finding is that firms … literature which found evidence that export participation improves firm financial health, but not that export starters display … any ex-ante financial advantage. On the contrary, we find that financial constraints act as a barrier to export …
Persistent link: https://www.econbiz.de/10010798325
The paper analyzes the link between financial constraints and firms' export decisions, using a large micro-level data … evidence that participation to exports market improves a firm financial health but not that export starters display specific ex …-ante financial advantages. By contrast, our result supports the view that financial constraints act as a barrier to export …
Persistent link: https://www.econbiz.de/10010798349
The paper analyzes the link between financial constraints and firm export behavior. Our main finding is that firms … literature which found evidence that export participation improves firm financial health, but not that export starters display … any ex-ante financial advantage. On the contrary, we find that financial constraints act as a barrier to export …
Persistent link: https://www.econbiz.de/10005465252
We develop a simple model where exporting firms are characterized by het- erogeneous productivity and may face a liquidity constraint, which in turn is affected by exchange rate changes. This setup is used to analyze exchange rate exposure, i.e. the sensitivity of profits to exchange rate...
Persistent link: https://www.econbiz.de/10009319140