What do we know about the relationship between access to finance and international trade?

Silvio Contessi and Francesca de Nicola

No 2012-054, Working Papers from Federal Reserve Bank of St. Louis

Abstract: In part as a response to the recent financial crisis, the relationship between access to finance and international trade has received much attention in the recent years. This article reviews trade finance, its role and functioning. It discusses the relevance of the more general concept of access to credit for firms engaging in international trade both in normal times and during times credit may be scarcer because of a banking and financial crisis. Part of the paper focuses on the evidence from the recent episode of the Great Trade Collapse, and argues that the mixed empirical evidence is at least partially explained by the heterogeneous measurements of access to finance used in the empirical literature.

Keywords: International trade; Exports; Credit (search for similar items in EconPapers)
Date: 2012
New Economics Papers: this item is included in nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (28)

Downloads: (external link)
http://research.stlouisfed.org/wp/2012/2012-054.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedlwp:2012-054

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Working Papers from Federal Reserve Bank of St. Louis Contact information at EDIRC.
Bibliographic data for series maintained by Anna Oates ().