Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/86124 
Year of Publication: 
2012
Series/Report no.: 
Working Paper No. 2012/58
Publisher: 
Banco Central de la República Argentina (BCRA), Investigaciones Económicas (ie), Buenos Aires
Abstract: 
This paper delves into the importance of access to .nancing for the performance of firms in export markets. Based on a unique microeconomic database that combines data on Argentine firms' characteristics and export performance with information on their domestic and external financing, we provide a rich insight into their financing patterns. Through the use of a descriptive and econometric analysis, we find that: i) having more access to bank credit facilitates firms' entry into export markets, ii) once they become exporters, it is the access to foreign financing what seems to matters for their success in foreign markets. Also, to study the duration of firms in export markets, we estimate survival functions by firm size, using the Kalpan-Meier estimator. We find that the probability of firms' survival in export mar kets increases with their size in the earlier years of exporting. Once firms become regular exporters, their permanece in export markets seems to less dependent on their size.
Subjects: 
credit constraints
bank credit
international trade
JEL: 
F10
F13
G20
G28
Document Type: 
Working Paper

Files in This Item:
File
Size
274.36 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.