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Autor:innen: 
Erscheinungsjahr: 
2014
Schriftenreihe/Nr.: 
Working Paper Series in Economics No. 294
Verlag: 
Leuphana Universität Lüneburg, Institut für Volkswirtschaftslehre, Lüneburg
Zusammenfassung: 
This study uses tailor made enterprise level data from various sources for firms from manufacturing industries to test for the link between credit constraints, measured by a credit rating score provided by a leading credit rating agency, and imports in Germany for the first time. We find empirical evidence that a better credit rating score is positively related to extensive margins of import - firms with a better score have a higher probability to import, they import more goods and they source from more countries of origin. The intensive margin of imports - the share of imports in total sales - is found not to be related to credit constraints.
Schlagwörter: 
Credit constraints
imports
Germany
JEL: 
F14
Dokumentart: 
Working Paper

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