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Casual evidence suggests that multinational companies increasingly look for places with adequate transport and logistics infrastructure to locate affiliates that participate in cross-border production sharing. Yet, there are no systematic empirical analyses examining how logistics infrastructure...
Persistent link: https://www.econbiz.de/10011108286
In this paper we use Colombian manufacturing data on exports and external financing for the period 1998 − 2006 to estimate the credit elasticity of exports. We use bank-firm linked data to construct a supply side instrument for a manufacturer’s demand of credit, which we use to address the...
Persistent link: https://www.econbiz.de/10011110736