Licandro Ferrando, Gerardo; Mello Costa, Miguel - In: Journal of applied economics 22 (2019) 1, pp. 622-634
This study is an empirical analysis of the factors associated with the use of the US dollar for the invoicing of domestic transactions, which is a common practice of Uruguayan firms. Using a novel dataset we find that both the input and debt structure of firms are relevant for determining their...