Lessius

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  • Financial Reliability And Firms' Export Activity

    White Papers // Jul 2011 // provided by Lessius

    In this paper the authors assess the importance of internal financial resources related to the sunken entry costs, which characterize a firm's export activity. They propose a new methodology to identify a priori constrained firms, exploiting a rich data-set on firms' assets and liabilities. They provide evidence that the entry ...

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