How firms export: Processing vs. ordinary trade with financial frictions
The fragmentation of production across borders allows firms to make and export final goods, or to perform only intermediate stages of production by processing imported inputs for re-exporting. We examine how financial frictions affect companies' choice between processing and ordinary trade – im...
Main Authors: | , |
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Format: | Journal article |
Language: | English |
Published: |
Elsevier
2016
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