Change search
ReferencesLink to record
Permanent link

Direct link
Credit constraints and margins of import: first evidence for German manufacturing enterprises
KTH, School of Industrial Engineering and Management (ITM), Centres, Centre of Excellence for Science and Innovation Studies, CESIS. Leuphana University, Lueneburg.ORCID iD: 0000-0001-6058-4536
2015 (English)In: Applied Economics, ISSN 0003-6846, E-ISSN 1466-4283, Vol. 47, no 5, 415-430 p.Article in journal (Refereed) PublishedText
Abstract [en]

This study uses tailor-made enterprise-level data for 2008-2010 from various sources for firms from manufacturing industries to test for the link between credit constraints, measured by a credit rating score provided by a leading credit rating agency, and imports in Germany for the first time. We find empirical evidence that a better credit rating score is positively related to extensive margins of import - firms with a better score have a higher probability to import, they import more goods and they source from more countries of origin. The intensive margin of imports the share of imports in total sales - is found not to be related to credit constraints.

Place, publisher, year, edition, pages
Routledge, 2015. Vol. 47, no 5, 415-430 p.
Keyword [en]
credit constraints, imports, Germany
National Category
Economics and Business
URN: urn:nbn:se:kth:diva-179091DOI: 10.1080/00036846.2014.969829ISI: 000348711700001OAI: diva2:881700

QC 20151211

Available from: 2015-12-11 Created: 2015-12-10 Last updated: 2015-12-11Bibliographically approved

Open Access in DiVA

No full text

Other links

Publisher's full text

Search in DiVA

By author/editor
Wagner, Joachim
By organisation
Centre of Excellence for Science and Innovation Studies, CESIS
In the same journal
Applied Economics
Economics and Business

Search outside of DiVA

GoogleGoogle Scholar
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Altmetric score

Total: 5 hits
ReferencesLink to record
Permanent link

Direct link