Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/230115
Authors: 
Ciani, Andrea
Bartoli, Francesca
Year of Publication: 
2020
Citation: 
[Journal:] The World Economy [ISSN:] 1467-9701 [Volume:] 43 [Issue:] 5 [Pages:] 1398-1433
Abstract: 
This paper studies the effect of credit constraints on the choice by small and medium‐sized enterprises to export goods of higher quality relative to their domestically sold output (quality differentiation). The empirical analysis employs detailed firm‐level data on product characteristics and credit scores. Credit constraints are found to be negatively associated with export quality differentiation. Firms reporting a deterioration of the credit score by a standard deviation are 36% less likely to pursue quality differentiation. The negative relation between credit constraints and quality differentiation is stronger for firms exporting to distant markets.
Subjects: 
credit constraints
distance
heterogeneous firms
product quality
Persistent Identifier of the first edition: 
Creative Commons License: 
http://creativecommons.org/licenses/by-nc/4.0/
Document Type: 
Article
Document Version: 
Published Version

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