Gorodnichenko, Yuriy; Schnitzer, Monika - C.E.P.R. Discussion Papers - 2010
level of income and export intensity. Specifically, the paper investigates theoretically and empirically how financial … constraints affect a firm's innovation and export activities. Theoretical predictions are tested using unique firm survey data … constraints strongly adversely affect the ability of domestically owned firms to innovate and to export and hence to catch up to …