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global recession by exploring a rich firm-level data set from Spain. The focus of our analysis is on changes at the extensive … number of industries in Spanish manufacturing. We also briefly explore two factors that might help explain the surprisingly … strong export performance of Spain in the aftermath of the great trade collapse: improved aggregate competitiveness due to …
Persistent link: https://www.econbiz.de/10011585185
This paper studies the effect of credit constraints on the expansion and survival of firms in foreign markets. It develops a model in which, lower access to external finance, or reduced internal liquidity, hampers the firm ability to finance the recurrent costs to serve foreign markets and...
Persistent link: https://www.econbiz.de/10013125601
Persistent link: https://www.econbiz.de/10010514596
(measured in accordance with Levinsohn and Petrin, 2003). For this purpose, we use data on Italian manufacturing firms covering …
Persistent link: https://www.econbiz.de/10012018727
This paper uses firm-level data for Mexican exporters to understand how firm-level export decisions shape a country's aggregate exports. The data allows for a characterization of both the crosssectional distribution of Mexican exports, across destinations and across exporting firms, and of the...
Persistent link: https://www.econbiz.de/10012166191
China's policy of encouraging export processing has been the topic of much discussion in the academic literature and policy debate. We use a recently developed econometric approach that allows for time varying "treatments" and estimate economically and statistically significant positive causal...
Persistent link: https://www.econbiz.de/10012492508
rich micro data from Spain that exploits the global financial crisis as an exogenous shock to credit supply. We find that …
Persistent link: https://www.econbiz.de/10012404685
evidence of this regularity based on employer-employee level data from the manufacturing industry in Estonia. We find that …
Persistent link: https://www.econbiz.de/10013050599
rich micro data from Spain that exploits the global financial crisis as an exogenous shock to credit supply. We find that …
Persistent link: https://www.econbiz.de/10013251264
The unprecedented drop in international trade during the last quarter of 2008 and the first quarter of 2009 has mainly been analysed at the macroeconomic or sectoral level. However, exporters who are heterogeneous in terms of productivity, size or external financial dependence should be...
Persistent link: https://www.econbiz.de/10013141112