The Heterogeneous Response of Domestic Sales and Exports to Bank Credit Shocks

Author:

Buono Ines,Formai Sara

Publisher

Elsevier BV

Reference94 articles.

1. Column (1) reports the baseline regression (the same as in (2) of Table 12); column (2) reports results for small firms (excluding firms with number of employees in the top 25 percentile); column (3) reports results for manufacturers only; column (4) reports results including the crisis years, thus the sample is 1997-2012; in column (5) we consider only short-term granted credit. All regressions include sector-time fixed effects. Standard errors clustered at the firm level in parentheses;the last rows we report the M &A

2. Table 14); column (2) reports results for small firms (excluding firms with number of employees in the top 25 percentile); column (3) reports results for manufacturers only; column (4) reports results including the crisis years, thus the sample is 1997-2012; in column (5) we consider only short-term granted credit. All regressions include sector-time fixed effects;the last rows we report the M &A it coefficient of the first stage regression and the correspondent F test. * p<0.10, ** p<0.05, *** p<0.01. (*) Requests for copies should be sent to: Banca d'Italia -Servizio Studi di struttura economica e finanziaria -Divisione Biblioteca e Archivio storico -Via Nazionale

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