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Growing evidence suggests that a large share of international trade transactions are made through intermediaries and that whether firms use them or not depends on different factors. In this paper, we investigate whether credit constraints introduce a degree of difference among firms in their...
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Using a representative panel of manufacturing firms, we estimate the response of job and hours worked to currency swings, showing that it depends primarily on firms' exposure to foreign sales and their reliance on imported inputs. We also show that, for given international exposure, the response...
Persistent link: https://www.econbiz.de/10013149200
Firm performance is known to benefit from participation in import markets. For this reason, understanding whether credit constraints hamper firms' ability to purchase foreign inputs is a relevant issue. In this paper, we investigate the relationship between financial constraints and imports of...
Persistent link: https://www.econbiz.de/10012830919
Firm performance is known to benefit from participation in import markets. For this reason, understanding whether credit constraints hamper firms' ability to purchase foreign inputs is a relevant issue. In this paper, we investigate the relationship between financial constraints and imports of...
Persistent link: https://www.econbiz.de/10012839008
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