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Trade and Firm Financing

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NBER2019-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w26266
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This paper studies how financial frictions pose a barrier to export entry by altering the firms long-term capital structure, and thereby affecting the ability to finance sunk entry costs. Our focus on long-term firm financing stands in contrast with the emphasis in recent trade literature on the
创建时间:
2019-09-01
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