| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP12156 |
| DP12156 Specialization in Bank Lending: Evidence from Exporting Firms | |
| Veronica Rappoport; Daniel Paravisini; Philipp Schnabl | |
| 发表日期 | 2017-07-18 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | We develop an empirical approach for identifying specialization in bank lending using granular data on borrower activities. We illustrate the approach by characterizing bank specialization by export market, combining bank, loan, and export data for all firms in Peru. We find that all banks specialize in at least one export market, that specialization affects a firm’s choice of new lenders and how to finance exports, and that credit supply shocks disproportionately affect a firm’s exports to markets where the lender specializes in. Thus, bank market-specific specialization makes credit difficult to substitute, with consequences for competition in credit markets and the transmission of credit shocks to the economy. |
| 主题 | Financial Economics ; International Macroeconomics and Finance ; International Trade and Regional Economics |
| 关键词 | Banking Export finance Specialization |
| URL | https://cepr.org/publications/dp12156 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/540968 |
| 推荐引用方式 GB/T 7714 | Veronica Rappoport,Daniel Paravisini,Philipp Schnabl. DP12156 Specialization in Bank Lending: Evidence from Exporting Firms. 2017. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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