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: exports from more credit constrained and riskier exporters grow faster. Export growth rates decrease with duration and … converge across countries. While an important force in early stages, credit constraints affect export growth much less as the …
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This paper combines an exogenous shock to the supply of subsidized credit with unique loan-level data from the export …
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control for unobserved firm fixed effects both in the selection and in the export equation, thus identifying the effect on …
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