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There is growing empirical support for the conjecture that access to credit is an important determinant of firms' export decisions. We study a multi-country general equilibrium economy in which entrepreneurs and lenders engage in long-term credit relationships. Financial constraints arise in...
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This paper studies the impact of financial constraints on exporter dynamics, and the role of financial intermediation in international trade. We propose a multi-country general equilibrium model economy in which entrepreneurs and lenders engage in long-term credit relationships. Financial...
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