This paper examines (i) the relationship between the credit constraints faced by a firm and the unit value prices of its exports, as well as (ii) the relationship between the export prices of a firm and its productivity. The paper extends Melitz's (2003) model of trade with heterogeneous firms...

This paper examines the relationship between the credit constraints faced by a firm and the unit value prices of its exports. The paper modifies Arkolakis's (2010) model of trade with heterogeneous firms by introducing endogenous quality and credit constraints. The model predicts that tighter...

This paper examines the relationship between the credit constraints faced by a firm and the unit value prices of its exports. The paper modifies Melitz's (2003) model of trade with heterogeneous firms by introducing endogenous quality and credit constraints. The model predicts that tighter...