Agarwal, Natasha; Lodefalk, Magnus; Tang, Aili; Tano, Sofia - 2019
trade. We arrive at three major findings. First, guarantees increase firm exports to the foreign market for which they were … issued and elsewhere. The effect on exports elsewhere diminishes with the distance from the intended market. Second …, guarantees do not generally impact jobs, value added or productivity. Third, guarantees affect firms heterogeneously. Exports …