Trade credit, international trade costs and exports: cross-country firm-level evidence
نویسندگان
چکیده
منابع مشابه
Declining Distance Effects in International Trade: Some Country-Level Evidence
Technical progress can be expected to reduce transport costs over time, yet most studies of bilateral trade based on the gravity model find distance effects to be increasing rather than decreasing. We investigate countries’ openness to international trade (the ratio of exports plus imports to GDP). We find that trade decreases with geographical remoteness, land area, and lack of access to the s...
متن کاملTrade credit in Italy: Evidence from individual firm data
Interfirm late payments are a hot issue in the EU, as witnessed by the 1998 bills passed in Italy and in the U.K. and by the soon to be approved EU Directive. Comprehensive information, especially on the effective own cost, is however almost absent in the literature. The paper provides the first detailed evidence of the trade debt own cost for the Italian manufacturing firms, arising out of dis...
متن کاملAgriculture Trade Openness and Poverty Reduction: A Cross-Country Analysis
This paper explores the effects of general and agricultural trade openness on economic freedom and alongside with the quality of institutions, on income and poverty. Recent cross-country data for over 200 nations in global regions were used to estimate equations for income, poverty and economic freedom. Economic freedom appears to have positive impacts on income levels, which together with good...
متن کاملFirm-Level Distortions, Trade, and International Productivity Differences
Developing countries typically exhibit small firm size, high dispersion of firm-level productivity, and low trade-to-output ratios. They also tend to export particularly less to more distant and smaller markets. To rationalize these facts, this paper develops a flexible, multi-country general equilibrium model of production and trade in which heterogeneous producers face both domestic size-depe...
متن کاملFirm-Level Distortions, Trade, and International Productivity Differences
Developing countries typically exhibit small firm size, high dispersion of marginal productivity of factors across firms, and low trade-to-output ratios. They also tend to export particularly less to more distant and smaller markets. To rationalize these facts, this paper develops a flexible, multi-country general equilibrium model of production and trade in which heterogeneous producers face b...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Applied Economics Letters
سال: 2015
ISSN: 1350-4851,1466-4291
DOI: 10.1080/13504851.2014.995353