Poultry in Motion: A Study of International Trade Finance Practices
Abstrak
This paper theoretically and empirically analyzes the financing terms that support international trade. The choice of trade finance terms balances the risk that an importer defaults on an exporter and the possibility that an exporter does not deliver goods as specified. Analysis of transaction-level data from a US exporter reveals that importers located in countries with weak enforcement of contracts typically finance transactions, but these firms are able to overcome the constraints of such environments if they can establish a relationship with the exporter. Furthermore, the manner in which trade is financed shapes the impact of crises.
Penulis (15)
Pol Antrs
C. Foley
Matthew C. Johnson
James Zeitler
K. Bagwell
M. Desai
Ricard Gil
James R. Hines
Kalina B. Manova
Samuel Kortum
Mitchell A. Petersen
Tim Schmidt-Eisenlohr
Bill Simpson
A. Shleifer
Bob Staiger
Akses Cepat
- Tahun Terbit
- 2015
- Bahasa
- en
- Total Sitasi
- 370×
- Sumber Database
- Semantic Scholar
- DOI
- 10.1086/681592
- Akses
- Open Access ✓