Is corporate financial structure a determinant of non-price competitiveness in export markets? In this paper we provide a positive answer to this question by finding that among illiquid exporters leverage is negatively correlated with the quality of their exported goods. This result is obtained on a sample including over 120,000 export flows of...
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August 2013 (v1)PublicationUploaded on: December 3, 2022
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October 2015 (v1)Journal article
International audience
Uploaded on: March 26, 2023 -
August 2013 (v1)Publication
Is corporate financial structure a determinant of non-price competitiveness in export markets? In this paper we provide a positive answer to this question by finding that among illiquid exporters leverage is negatively correlated with the quality of their exported goods. This result is obtained on a sample including over 120,000 export flows of...
Uploaded on: October 11, 2023