Access to Banking Finance and Exporting †

  title={Access to Banking Finance and Exporting †},
  author={Roberto {\'A}lvarez Ricardo A. L{\'o}pez},
Using firm-level data from the manufacturing sector of Chile for the period 1995-2002, we examine whether access to finance increase the probability of exporting. To do that, we exploit information of firms ́ access to banking debt and changes in the real exchange rate (RER) to identify the causal effect of finance on exporting. This is an interesting setting given that the Chilean economy experienced a sustained RER depreciation since 1999, increasing export profitability. We use these changes… CONTINUE READING