Financial constraints and international trade with endogenous mode of competition:

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Bouët, Antoine; Vaubourg, Anne-Gaël;
(2015)
  • Subject: finance, trade, exports, international trade policies, investment, oligopolistic competition, financial constraints,
The goal of this paper is to examine how financial constraints affect firms’ decisions to export when the mode of intra-sectoral competition is endogenous. We propose an extension of Neary and Tharakan’s (2012) model, in which firms resort to external funders to finance... View more
  • References (18)
    18 references, page 1 of 2

    1 d gz 2) + d ( d z˜

    2 2bˆ

    1 d gz˜2 + d z + 12 gz 2) + Fz + 21 Fgz 2: Because z < zc < z˜,

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