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This article assesses the role of credit constraints for exports at the firm level. Theoretical models by Chaney …, Manova, and others suggest that credit constraints are detrimental for exports. We examine this hypothesis empirically at the … the impact of these financial fundamentals on the extensive and the intensive margins of firm-level exports. In particular …
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While many studies explain the correlation between firm-level productivity and export status entirely by better firms self-selecting into exporting, a few studies find evidence of reverse causation. Especially in developing or transition economies, exporters seem to improve performance after...
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Financing constraints have been identified as an additional source of firm heterogeneity that affects export … participation and export performance. This paper examines whether and to what extent financing constraints affect firms' exporting … estimates the sensitivity of firms' extensive and intensive margins of exporting to financing constraints. The empirical results …
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