This paper explores how the distribution of credit supply within an industry affects that industry's export intensity (the export-to-sales ratio) and export propensity (the ratio of the number of exporters to the total number of firms). Using a heterogeneous firm trade model, we derive two...

This paper shows that the pricing behavior of exporting firms exhibits a “forward-looking” nature under sticky prices. It offers a channel by which the expectations of future exchange rates affect current prices. To seek the micro-level evidence, we adopt detailed product-level import data...

This paper shows that the pricing behavior of exporters exhibits a "forward-looking" nature due to the existence of sticky prices. It offers a channel by which the expectations of future exchange rates can affect current export prices at both the firm and product level. By exploring bilateral...