Credit constraints and the extensive margins of exports: First evidence for German manufacturing

Joachim Wagner ()

No 399, Working Paper Series in Economics and Institutions of Innovation from Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies

Abstract: This paper uses a unique newly constructed data set to investigate for the first time the link between credit constraints and the extensive margins of exports in Germany, one of the leading actors on the international market for goods. In line with theoretical considerations and comparable results reported for a small number of other countries we report a negative impact of credit constraints on both the number of goods exported and the number of export destination countries that is both statistically highly significant and large from an economic point of view.

Keywords: Credit constraints; exports; extensive margins (search for similar items in EconPapers)
JEL-codes: F14 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2015-03-13
New Economics Papers: this item is included in nep-eur and nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Related works:
Journal Article: Credit constraints and the extensive margins of exports: First evidence for German manufacturing (2015)
Working Paper: Credit constraints and the extensive margins of exports: First evidence for German manufacturing (2015)
Working Paper: Credit constraints and the extensive margins of exports: First evidence for German manufacturing (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:cesisp:0399

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