Financial Frictions and International Trade
This paper studies the effects of financial market imperfections on a firm’s operating and exporting decisions. I introduce financial frictions into a trade model with heterogeneous firms along the line of Melitz (2003). With the presence of financial constraints, even among a group of firms with th...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2008
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| Online Access: | https://ink.library.smu.edu.sg/soe_research/1340 https://ink.library.smu.edu.sg/context/soe_research/article/2339/viewcontent/ITWPSuwantaradon.pdf |
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| Institution: | Singapore Management University |
| Language: | English |