International trade and finance: A review
Küçük Resim Yok
Tarih
2018
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Universidad de Huelva
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
The emphasis of international trade theories shifted in the last forty years, from comparative advantage, to scale economies and product differentiation. More recently, the “new” new trade theories have stressed the role of firm heterogeneity, which has led to a renewed interest on the study of how credit constraints may hamper the export activities of firms. In this paper, we provide a brief survey of the relationship between international trade and finance, a field that only recently has been the subject of systematic analysis in the economic literature, from both a theoretical and empirical point of view. In general, barriers to external financing play a significant role as an obstacle to the exporting activity of firms, especially for younger and smaller firms; and these results would have been reinforced by the global financial crisis. © 2018, Universidad de Huelva. All rights reserved.
Açıklama
Anahtar Kelimeler
Exports, External financing, Financial constraints, International trade
Kaynak
Revista de Economia Mundial
WoS Q Değeri
Scopus Q Değeri
Q1
Cilt
2018
Sayı
49
