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Internationally active firms rely intensively on trade credits even though they are considered particularly expensive. This phenomenon has been little explored so far. Our theoretical analysis shows that trade credits can alleviate financial constraints arising from asymmetric information...
Persistent link: https://www.econbiz.de/10010333750
Internationally active firms rely intensively on trade credits even though they are considered particularly expensive. This phenomenon has been little explored so far. Our theoretical analysis shows that trade credits can alleviate financial constraints arising from asymmetric information...
Persistent link: https://www.econbiz.de/10009571632
Persistent link: https://www.econbiz.de/10011376006
Internationally active firms rely intensively on trade credits even though they are considered particularly expensive. This phenomenon has been little explored so far. Our theoretical analysis shows that trade credits can alleviate financial constraints arising from asymmetric information...
Persistent link: https://www.econbiz.de/10010556727
participation. Accounting for endogeneity, we find that cash-in-advance has a positive impact on the firms’ probability to export …
Persistent link: https://www.econbiz.de/10011151031
Internationally active firms rely intensively on trade credits even though they are considered particularly expensive. This phenomenon has been little explored so far. Our theoretical analysis shows that trade credits can alleviate financial constraints arising from asymmetric information...
Persistent link: https://www.econbiz.de/10011083260
various dimensions of upgrading - learning, quality upgrading, technology adoption, and product innovation. The second part …
Persistent link: https://www.econbiz.de/10012698696
higher productivity when process innovation is strictly defined. Second, when accounting for distance to export markets, the …This paper analyses in what extent innovation contributes to the productivity premium of exporters. We start by … performing non parametric tests on TFP distributions on different groups of firms characterized by their export and innovation …
Persistent link: https://www.econbiz.de/10010756524
higher productivity when process innovation is strictly defined. Second, when accounting for distance to export markets, the …This paper analyses in what extent innovation contributes to the productivity premium of exporters. We start by … performing non parametric tests on TFP distributions on different groups of firms characterized by their export and innovation …
Persistent link: https://www.econbiz.de/10010798334
Recent research has related the firm decision to export with firm innovation activities and productivity. The aim of … productivity and innovation, may operate. For this purpose we use Spanish manufacturing firm data for the period 1990 – 2000, drawn … productivity the higher the probability of introducing process innovations and, therefore, the likelihood of starting to export …
Persistent link: https://www.econbiz.de/10008784857