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Exports versus FDI revisited : does finance matter?
Buch, Claudia M.; Kesternich, Iris; Lipponer, Alexander; … - 2010
access to external finance on firms’ choices to export or to engage in FDI. We simultaneously model a firm’s decision to …
Persistent link: https://www.econbiz.de/10003943667
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Exports versus FDI revisited : does finance matter?
Buch, Claudia M.; Kesternich, Iris; Lipponer, Alexander; … - 2010
Persistent link: https://www.econbiz.de/10003994148
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Financial constraints and innovation : why poor countries don't catch up
Gorodnichenko, Yuriy; Schnitzer, Monika - 2010
and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation … and export activities, using unique firm survey data which provides direct measures for innovations and firm …-specific financial constraints. We find that financial constraints restraint heability of domestically owned firms to innovate and export …
Persistent link: https://www.econbiz.de/10008823197
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Exports versus FDI revisited : does finance matter?
Buch, Claudia M.; Kesternich, Iris; Lipponer, Alexander; … - 2010
This paper explores the impact of financial constraints on the internationalization strategies of firms. It contributes to the literature by focusing on three aspects: First, the paper studies the impact of financial constraints on exporting relative to FDI. Consistent with theory, the empirical...
Persistent link: https://www.econbiz.de/10008823204
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Financial constraints and the margins of FDI
Buch, Claudia M.; Kesternich, Iris; Lipponer, Alexander; … - 2009
Recent literature on multinational firms has stressed the importance of low productivity as a barrier to the cross-border expansion of firms. But firms may also need external finance to shoulder the costs of entering foreign markets. We develop a model of multinational firms facing real and...
Persistent link: https://www.econbiz.de/10003884917
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The economics of new products and productivity : three essays on applied industrial organization
Mašika, Michal - 2012
Persistent link: https://www.econbiz.de/10009577840