Arbeitspapier
Export Market Exit, Financial Pressure and the Crisis
Using firm-level data for the UK, we investigate the link between firms' financial health, borrowing ratio and export exit, paying special attention to the recent financial crisis. Our results show that deterioration in the financial position of firms has increased the hazard of export exit during the crisis. We also find that the sensitivity of export exit to changes in firms' financial condition is higher during the crisis for those firms which face increases in loan spreads associated with the firm-specific interest rate.
- Sprache
-
Englisch
- Erschienen in
-
Series: CESifo Working Paper ; No. 4363
- Klassifikation
-
Wirtschaft
Trade: General
Firm Objectives, Organization, and Behavior: General
Corporate Finance and Governance: General
- Thema
-
financial pressure
firm exit
financial health
exports
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Görg, Holger
Spaliara, Marina-Eliza
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2013
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Görg, Holger
- Spaliara, Marina-Eliza
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2013
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