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dc.contributor.authorBouattour, Fatma
dc.date.accessioned2015-06-23T11:07:41Z
dc.date.available2015-06-23T11:07:41Z
dc.date.issued2015
dc.identifier.urihttps://basepub.dauphine.fr/handle/123456789/15256
dc.language.isoenen
dc.subjectfirms
dc.subjectinternational trade
dc.subjectExport
dc.subject.ddc337en
dc.subject.classificationjelF.F1.F10en
dc.subject.classificationjelF.F1.F14en
dc.subject.classificationjelG.G3.G30en
dc.subject.classificationjelL.L2.L25en
dc.titleFinancial constraints and export performance: Evidence from Brazilian micro-data
dc.typeCommunication / Conférence
dc.description.abstractenDespite the growing role of Brazil in international trade, exports still face challenges.Following the theoretical framework of Manova (2013), this paper provides firm-level evidence that financial constraints hamper the export performances. Using customs datafrom Brazil, I show through a probability model, that Large firms exhibit more probability to have export performances when compared with Small and Medium-sized firms, and that this advantage tends to decrease in industries with high external funding needs.The sectors financial vulnerability is proxied with two measures borrowed from Rajan and Zingales (1998) and computed for Brazilian industries over the recent period of the 2000s. The results are globally robust to the modification of the proxies of sectoral external finance dependence, used in the literature. Other tests demonstrate that Braziliansubsidiaries have greater chances to be export performant, and that there is a "regional effect" that makes some Brazilian regions export more than others. This paper also provides an insight of the effects of the global crisis of 2008 on the export patterns.
dc.subject.ddclabelEconomie internationaleen
dc.relation.conftitleAFSE 2015 64th Congress
dc.relation.confcityRennes
dc.relation.confcountryFRANCE
dc.relation.forthcomingnonen
dc.description.ssrncandidatenon
dc.description.halcandidatenon
dc.description.readershiprecherche
dc.description.audienceInternational
dc.date.updated2017-03-07T09:38:25Z
hal.person.labIds163511*
hal.identifierhal-01267726*


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