Financial Factors and Manufacturing Exports : Firm-Level Evidence from Egypt

Financial Factors and Manufacturing Exports : Firm-Level Evidence from Egypt

This paper focuses on the effects of financial factors on manufacturing firms’ export participation in a panel of Egyptian manufacturing firms over the 2003–2008 period. Our main results show that financial constraints reduce export participation of Egyptian firms, while financial liquidity improves...

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Bibliographic Details
Main Authors: Kiendrebeogo, Youssouf, Minea, Alexandru
Format: Journal Article
Published: Taylor and Francis 2017
Subjects:
FINANCIAL CONSTRAINTS
EXPORTS
SUNK COSTS
EXPORT COMPETITIVENESS
Online Access:http://hdl.handle.net/10986/28933
id okr-10986-28933
recordtype oai_dc
spelling okr-10986-289332021-05-25T10:54:41Z Financial Factors and Manufacturing Exports : Firm-Level Evidence from Egypt Kiendrebeogo, Youssouf Minea, Alexandru FINANCIAL CONSTRAINTS EXPORTS SUNK COSTS EXPORT COMPETITIVENESS This paper focuses on the effects of financial factors on manufacturing firms’ export participation in a panel of Egyptian manufacturing firms over the 2003–2008 period. Our main results show that financial constraints reduce export participation of Egyptian firms, while financial liquidity improves it. Moreover, financial constraints have a negative impact on alternative measures of export activity, namely, export intensity and the time the firm takes before starting to export. Consequently, adding to the scarce literature on developing countries, our results support an important impact of financial factors on Egyptian firms’ participation in international trade. 2017-12-04T20:31:07Z 2017-12-04T20:31:07Z 2016-11-11 Journal Article The Journal of Development Studies 0022-0388 http://hdl.handle.net/10986/28933 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Taylor and Francis Publications & Research :: Journal Article Publications & Research Africa Egypt, Arab Republic of
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
topic FINANCIAL CONSTRAINTS
EXPORTS
SUNK COSTS
EXPORT COMPETITIVENESS
spellingShingle FINANCIAL CONSTRAINTS
EXPORTS
SUNK COSTS
EXPORT COMPETITIVENESS
Kiendrebeogo, Youssouf
Minea, Alexandru
Financial Factors and Manufacturing Exports : Firm-Level Evidence from Egypt
geographic_facet Africa
Egypt, Arab Republic of
description This paper focuses on the effects of financial factors on manufacturing firms’ export participation in a panel of Egyptian manufacturing firms over the 2003–2008 period. Our main results show that financial constraints reduce export participation of Egyptian firms, while financial liquidity improves it. Moreover, financial constraints have a negative impact on alternative measures of export activity, namely, export intensity and the time the firm takes before starting to export. Consequently, adding to the scarce literature on developing countries, our results support an important impact of financial factors on Egyptian firms’ participation in international trade.
format Journal Article
author Kiendrebeogo, Youssouf
Minea, Alexandru
author_facet Kiendrebeogo, Youssouf
Minea, Alexandru
author_sort Kiendrebeogo, Youssouf
title Financial Factors and Manufacturing Exports : Firm-Level Evidence from Egypt
title_short Financial Factors and Manufacturing Exports : Firm-Level Evidence from Egypt
title_full Financial Factors and Manufacturing Exports : Firm-Level Evidence from Egypt
title_fullStr Financial Factors and Manufacturing Exports : Firm-Level Evidence from Egypt
title_full_unstemmed Financial Factors and Manufacturing Exports : Firm-Level Evidence from Egypt
title_sort financial factors and manufacturing exports : firm-level evidence from egypt
publisher Taylor and Francis
publishDate 2017
url http://hdl.handle.net/10986/28933
_version_ 1764468115261882368

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