Arbeitspapier
Business conditions and default risks across countries
The risk of default that business firms face is very significant and differs widely across countries. This paper explores the links between countries' business conditions and international trade embedment and the default risk at the country level from a theoretical point of view. Our main contribution is to set up a general equilibrium model which allows us to derive sharp predictions concerning how key factors which shape a country's business and trade environment impact on the default risk of firms which operate in these environments. The predictions are in accord with readily available data.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 5541
- Klassifikation
-
Wirtschaft
Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
Trade Policy; International Trade Organizations
Economic Integration
Firm Performance: Size, Diversification, and Scope
- Thema
-
firm death
firm heterogeneity
business conditions and firm productivity
trade integration
Konkurs
Risiko
Standortfaktor
Außenwirtschaft
Unternehmen
Produktivität
Allgemeines Gleichgewicht
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Pflüger, Michael P.
Russek, Stephan
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2011
- Handle
- URN
-
urn:nbn:de:101:1-201104133551
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Pflüger, Michael P.
- Russek, Stephan
- Institute for the Study of Labor (IZA)
Entstanden
- 2011