The Micro Patterns of Export Diversification under Financial Constraints

Angelo Secchi, Federico Tamagni and Chiara Tomasi ()
Additional contact information
Chiara Tomasi: UNITN - Università degli Studi di Trento = University of Trento

PSE-Ecole d'économie de Paris (Postprint) from HAL

Abstract: Combining detailed data on export transactions and an informative firm-level measure of financing constraints, this article provides new evidence on the extent and dynamics of product and geographical diversification of constrained exporters. Financial constraints associate with: (i) narrower product/destination margins, (ii) higher probability to drop products and destinations, (iii) larger loss of export value associated to dropping product or destination markets, (iv) higher probability to discard products with relatively large share in firm total export values, and (v) larger likelihood to drop country markets that are bigger, richer, geographically closer and with a relatively larger share in total firm export value.

Keywords: diversification; exports; financing; firm; firm level; shares (search for similar items in EconPapers)
Date: 2014-12
References: Add references at CitEc
Citations: View citations in EconPapers (10)

Published in Industrial and Corporate Change, 2014, 23 (6), pp.1595-1622

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: The micro patterns of export diversification under financial constraints (2014)
Working Paper: The Micro Patterns of Export Diversification under Financial Constraints (2014)
Working Paper: The Micro Patterns of Export Diversification under Financial Constraints (2014)
Working Paper: The micro patterns of export diversification under financial constraints (2014)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:pseptp:hal-01161682

Access Statistics for this paper

More papers in PSE-Ecole d'économie de Paris (Postprint) from HAL
Bibliographic data for series maintained by Caroline Bauer ().