We investigate the effect of credit constraints on the growth of exports at the micro level. We develop a stylized dynamic model showing that credit constraints play a key role in early stages of exporting, but not in later stages. Our empirical results using product level data on exports to 12...

We investigate the effect of credit constraints on the growth of exports at the micro level. We develop a stylized dynamic model showing credit constraints play a key role in early stages of exporting, but not in later stages. Our empirical results using product level data on exports to twelve...