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Credit contraction and international trade: Evidence from Chilean exporters

Authordc.contributor.authorAisen, Ari 
Authordc.contributor.authorÁlvarez Espinoza, Roberto es_CL
Authordc.contributor.authorSagner Tapia, Andrés es_CL
Authordc.contributor.authorTurén Román, Javier es_CL
Cita de ítemdc.identifier.citationWorld Development Vol. 44, pp. 212–224, 2013en_US
Identifierdc.identifier.otherdoi: 10.1016/j.worlddev.2012.09.016
General notedc.descriptionArtículo de publicación ISIen_US
Abstractdc.description.abstractUsing data of Chilean exporting firms, this paper studies the effect of the financial crisis on the extensive and intensive margin of export in the aftermath of the crisis. The negative effect of the crisis on exports is highly heterogeneous. The evidence shows that larger exporters, belonging to industries more dependent on overall credit, have suffered disproportionately more during the crisis in terms of export growth, but less in terms of entry and exit. This has important policy implications, as public policy aiming at stimulating trade credit may not be as effective if overarching credit conditions remain subdued. 2012 Elsevier Ltd. All rights reserved.en_US
Type of licensedc.rightsAttribution-NonCommercial-NoDerivs 3.0 Chile*
Link to Licensedc.rights.uri*
Keywordsdc.subjectglobal tradeen_US
Títulodc.titleCredit contraction and international trade: Evidence from Chilean exportersen_US
Document typedc.typeArtículo de revistaen_US

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Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivs 3.0 Chile