strategy allows to cure for self-selection into exports and endogeneity of financial constraints. At the same time, we can …The paper examines the causal effect of financial constraints on firm exports. We exploit a firm-level proxy of … exports of within firm changes in financial constraints status. We find that financial constraints produce a sizable reduction …

credit constraints by using a financial score built on eight variables. In order to assess the effects of exports on the …

’s probability to enter the export market. After controlling for potential endogeneity of the innovation activities, only firms with …

propensity score matching to address issues of endogeneity and sample selection. When the estimation is done for the whole …

trade are related to credit constraints show a significant difference between the two. In the case of exports, it is the … extensive margin of exports in terms of destinations that is significantly associated with credit constraints whereas for …

mitigate the agency cost generated by exogeneous exports variation via higher free cash flow and cash flow volatility …