| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w16975 |
| 来源ID | Working Paper 16975 |
| Dissecting the Effect of Credit Supply on Trade: Evidence from Matched Credit-Export Data | |
| Daniel Paravisini; Veronica Rappoport; Philipp Schnabl; Daniel Wolfenzon | |
| 发表日期 | 2011-04-21 |
| 出版年 | 2011 |
| 语种 | 英语 |
| 摘要 | We estimate the elasticity of exports to credit using matched customs and firm-level bank credit data from Peru. To account for non-credit determinants of exports, we compare changes in exports of the same product and to the same destination by firms borrowing from banks differentially affected by capital-flow reversals during the 2008 financial crisis. We find that credit shocks affect the intensive margin of exports, but have no significant impact on entry or exit of firms to new product and destination markets. Our results suggest that credit shortages reduce exports through raising the variable cost of production, rather than the cost of financing sunk entry investments. |
| 主题 | International Economics ; Trade ; International Finance ; International Macroeconomics ; Financial Economics ; Financial Markets ; Financial Institutions ; Corporate Finance |
| URL | https://www.nber.org/papers/w16975 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/574649 |
| 推荐引用方式 GB/T 7714 | Daniel Paravisini,Veronica Rappoport,Philipp Schnabl,et al. Dissecting the Effect of Credit Supply on Trade: Evidence from Matched Credit-Export Data. 2011. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w16975.pdf（423KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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