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