Trade Credit and Industry Dynamics: Evidence from Trucking Firms
Long payment terms are a strong impediment to the entry and survival of liquidity-constrained firms. To test this idea and its implications, I consider the effect of a reform restricting the trade credit supply of French trucking firms. In a difference-in-differences setting, I find that trucking fi...
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| פורמט: | Article |
| שפה: | en_US |
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Wiley Blackwell
2017
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| גישה מקוונת: | http://hdl.handle.net/1721.1/108627 https://orcid.org/0000-0003-1575-0405 |