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...
| 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/ |
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