Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/30181 
Kompletter Metadatensatz
DublinCore-FeldWertSprache
dc.contributor.authorBuch, Claudia M.en
dc.contributor.authorKesternich, Irisen
dc.contributor.authorLipponer, Alexanderen
dc.contributor.authorSchnitzer, Monikaen
dc.date.accessioned2010-03-26T15:51:00Z-
dc.date.available2010-03-26T15:51:00Z-
dc.date.issued2010-
dc.identifier.isbn978-3-86558-599-8en
dc.identifier.urihttp://hdl.handle.net/10419/30181-
dc.description.abstractThe crisis on international financial markets that started in 2007 has shown the potential links between the financial sector and the real economy. Exports and foreign direct investment (FDI) have declined, presumably not only because of a lack of demand, but also because of restricted access of firms to external finance. In this paper, we explore the impact of access to external finance on firms' choices to export or to engage in FDI. We simultaneously model a firm's decision to engage in FDI and in exports, and we assess the importance of financial factors for this choice (the extensive margin) as well as for the volume of activities (the intensive margin). We find that financial frictions matter, in particular for the decision to engage internationally.en
dc.language.isoengen
dc.publisher|aDeutsche Bundesbank |cFrankfurt a. M.en
dc.relation.ispartofseries|aDiscussion Paper Series 1 |x2010,03en
dc.subject.jelF2en
dc.subject.jelG2en
dc.subject.ddc330en
dc.subject.keywordMultinational firmsen
dc.subject.keywordexports versus FDIen
dc.subject.keywordfinancial constraintsen
dc.subject.keywordheterogeneityen
dc.subject.keywordproductivityen
dc.subject.stwMultinationales Unternehmenen
dc.subject.stwExporten
dc.subject.stwDirektinvestitionen
dc.subject.stwVerschuldungsrestriktionen
dc.subject.stwFinanzmarktkriseen
dc.subject.stwSchätzungen
dc.subject.stwWelten
dc.titleExports versus FDI revisited: does finance matter?-
dc.typeWorking Paperen
dc.identifier.ppn621686166en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:bubdp1:201003en

Datei(en):
Datei
Größe
728.96 kB





Publikationen in EconStor sind urheberrechtlich geschützt.