Showing 1 - 10 of 151
New data on export insurance and guarantees suggest that publicly backed export credit agencies have played a role to … prevent a complete drying up of trade finance markets during the current financial crisis. Given that export credit agencies … such specialized financial institutions. It concludes that developing countries should consider export credit agencies only …
Persistent link: https://www.econbiz.de/10012976743
This paper provides evidence that commercial lenders in Peru free ride off their peers'screening efforts. Leveraging a …
Persistent link: https://www.econbiz.de/10012858272
This paper argues that labor supply elasticities encode information about the determinants of income inequality. In the theoretical framework, individuals choose labor supply conditional on productivities and preferences for consumption relative to leisure. The paper shows that reduced-form...
Persistent link: https://www.econbiz.de/10012844682
need for meaningful ways of assessing the poverty impact of growth. This paper follows the elasticity approach to propose a …
Persistent link: https://www.econbiz.de/10012747948
Using highly disaggregated firm-level customs transaction data for imports and exports in Peru over the 2000 …?2012 period, this paper explores the relationship between imports of intermediate inputs and firm export performance. The paper …, faster export growth, greater diversification of export markets, and higher quality exports (as measured by relative unit …
Persistent link: https://www.econbiz.de/10012936759
the role of international price levels as well as export volumes in explaining this growth. The second one is whether Peru … increase in international mineral prices has exerted a significant impact in recent years, much of the growth of Peru's export …The rapid growth of exports since the early 1990s is a central feature in the extraordinary rise of Peru's economy in …
Persistent link: https://www.econbiz.de/10012975662
domestic exporters. The authors use data on the nontraditional agriculture sector in Peru, which grew seven-fold from 1994 to … 2007. They find tremendous firm entry and exit in the export sector, with exits more likely after one year and among firms … export and to develop new export products and markets when there are sunk costs of discovery and uncertainty about …
Persistent link: https://www.econbiz.de/10012976392
The coronavirus (COVID-19) pandemic has halted economic activity worldwide, hurting firms and pushing them toward bankruptcy. This paper provides a unified framework to organize the policy debate related to firm financing during the downturn, centered along four main points. First, the economic...
Persistent link: https://www.econbiz.de/10012834605
This paper documents how firms in Arab countries issue equity, corporate bonds, and syndicated loans in domestic and international markets to obtain financing and grow. Using a new data set on issuance activity and firm performance, the paper finds that capital raising through these markets has...
Persistent link: https://www.econbiz.de/10012935841
Despite regulatory efforts designed to make it easier for firms to formalize, informality remains extremely high among firms in Sub-Saharan Africa. In most of the region, business registration in a national registry is separate from tax registration. This paper provides initial results from an...
Persistent link: https://www.econbiz.de/10012937398