Ha Tran Manh; Ngoc Thang Doan; Luong Van Dat; Do Phu Dong; … - In: Cogent business & management 9 (2022) 1, pp. 1-27
This paper studies the effect of government contracts on trade credit by using cross-country firm-level data. Trade credit is defined as a firm's deferral of payment to its sellers when it buys material inputs. We apply the instrumental variable to take into account the endogeneity problem...