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This work explores a number of properties investigated in the empirical literature on firm size and growth dynamics: (i) the distribution and the autoregressive structure of firm size; (ii) the existence of size-growth scaling relationships; (iii) the distribution and the autoregressive structure...
Persistent link: https://www.econbiz.de/10005481668
The paper examines the causal effect of financial constraints on firm exports. We exploit a firm-level proxy of constraints based on credit ratings and available for a large panel of Italian exporting and non exporting firms. Our estimation strategy allows to cure for self-selection into exports...
Persistent link: https://www.econbiz.de/10010403691
Using data on cross border transactions together with an informative measure of financing constraints this paper provides new evidence that limited access to external capital narrows the scale of foreign sales, the exporters' product scope and the number of trade partners. It shows that...
Persistent link: https://www.econbiz.de/10013100564
The article examines the causal effect of financial constraints on firms’ exports. We exploit a firm-level proxy of constraints based on credit ratings and available for a large panel of Italian exporting and non-exporting firms. Our estimation strategy allows to cure for self-selection into...
Persistent link: https://www.econbiz.de/10013314630
Theoretical and empirical studies of industry dynamics have extensively focused on the process of growth. Theory predicts production efficiency, profitability and financial status as the central channels through which firms can survive, grow and eventually achieve out- standing growth...
Persistent link: https://www.econbiz.de/10011163366
Multi-product exporters choose their product mix focusing on their best-performing products. Although their product mix varies across countries (the fickle fringe), the interdependence in demand or production technology making vectors of products systematically co-exported leads to commonalities...
Persistent link: https://www.econbiz.de/10011472938
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This paper analyzes how multi-product firms adjust their exported product-mix across destinations. Using cross sections of Italian and French data, we show that firms do not follow a rigid ordering in their product mix exported in different markets but rather they adapt their choices to better...
Persistent link: https://www.econbiz.de/10010460216
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