Purpose – The purpose of this paper is to investigate the impact of bank concentration on firm financial constraints to … perform investment across two types of financial constraints firms. Design/methodology/approach – The authors analyse this … using fixed‐effects and GMM‐IV estimation techniques. Findings – Bank concentration was found to relax financial constraints …

Growing empirical literature shows that financial constraints reduce the chance of exporting, suggesting that financial … based on new trade theory with financial constraints and non-homothetic preferences. With these two modified assumptions …, the main findings are i) financial constraints act as trade barriers, ii) the largest amount of trade is between countries …

individual; the income of the skilled is sensitive to financial constraints for the unskilled. Cross-country differences in such …

an indivisible, illiquid asset that restricts the portfolio choice decision. The analysis also includes the financial … constraints households may face when they apply for external funding. The set of financial assets that constitute the household …

tax evasion on financial constraints faced by firms decreases in the presence of a lower efficiency of the legal system. …This paper analyzes the joint impact of tax evasion and the inefficiency of the legal system on firms’ financial … constraints. We find that both variables have a statistically significant effect on the difficulties that firms encounter when …