Exports and Credit Constraints Under Incomplete Information: Theory and Evidence from China
收藏NBER2011-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w16940
下载链接
链接失效反馈官方服务：
资源简介：
This paper examines why credit constraints for domestic and exporting firms arise in a setting where banks do not observe firms' productivities. To maintain incentive-compatibility, banks lend below the amount needed for first-best production. The longer time needed for export shipments induces a
提供机构：
美国国家经济研究局
创建时间：
2011-04-01
