Payment choice in international trade: theory and evidence from cross-country firm-level data

When trading across borders, firms choose between different payment contracts. Theoretically, this should allow firms to trade-off differences in financing costs and enforcement across countries. This paper provides evidence for this hypothesis employing firm-level data from a large number of develo...

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Bibliographic Details
Main Authors: Hoefele, Andreas, Schmidt-Eisenlohr, Tim, Yu, Zhihong
Format: Article
Language:English
Published: Wiley 2015
Subjects:
Online Access:https://eprints.nottingham.ac.uk/34410/