Credit Constraints, Heterogeneous Firms and International Trade

By Kalina B. Manova. 2013

1,446 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/ec7394b28094beac49eb661307c4a7749a62e8ce

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Citations in the corpus

Exports and Credit Constraints under Incomplete Information: Theory and Evidence from China (2014, neutral): “These results can be traced back to the interest payments in (23) and (26).”
International Trade, Multinational Activity, and Corporate Finance (2015, positive): “Manova (2013) establishes that the interaction of financial frictions with firm heterogeneity disrupts aggregate trade by precluding potentially profitable firms from exporting and restricting exporters’ sales abroad.”
Exporters, Importers and Credit Constraints (2015, neutral): “(1), Chaney (2013) and Manova (2013) introduce credit constraints in a theoretical model of trade with heterogeneous firms à la Melitz (2003) and yield several predictions on the equilibrium relationships between productivity, credit constraints, exports and export margins.”
Credit Constraints, Quality, and Export Prices: Theory and Evidence from China (2015, positive): “These measures have also been used by Manova et al. (2011). They are constructed following the methodology of Rajan and Zingales (1998) and Claessens and Laeven (2003).”
On the widely differing effects of free trade agreements: Lessons from twenty years of trade integration (2019, neutral): “…to favor the exports of countries with low levels of institutional development levels, based on the supposition that FTAs may help developing countries circumvent constraints on their export capacity imposed by their weak institutional environment (c.f., Anderson & Marcouiller, 2002; Manova, 2013).”
Firms and the Global Crisis: French Exports in the Turmoil (2012, neutral): “Churn and the associated reallocation of market shares from the least productive (and hence smaller) ﬁrms to the most productive exporters are higher in the presence of credit constraints (Manova, 2008).”
Domestic Institutions as a Source of Comparative Advantage (2013, positive): “…and export if credit markets were perfect, but can do neither because they are credit-constrained.13 Applying this model to aggregate trade data, Manova (2013) studies the mechanisms through which credit constraints operate and finds that credit constraints substantially reduce exports both at…”
Firm Exports and Multinational Activity Under Credit Constraints (2011, methodology): “To motivate and discipline our empirical analysis, we summarize the predictions of a model that incorporates financial frictions and firm heterogeneity in the spirit of Melitz (2003) and Manova (2013).”
The Effects of Financial Development on Foreign Direct Investment (2014, methodology): “…the causal impact of financial development on FDI in the next section, where we present our econometric results. access to firm-level data, such as Manova (2013), have used the two-step approach developed by Helpman et al. (2008) to identify the effects of financial development on average…”
Help or hindrance ? the impact of harmonized standards on african exports (2007, neutral): “For econometric analysis using these data, see Maskus et al. (2005) and Chen et al.”