| Residential College | false |
| Status | 即將出版Forthcoming |
| Government Credit and International Trade | |
Ru, H1 ; Yang, E2
| |
| 2024-07 | |
| Source Publication | Journal of Financial and Quantitative Analysis
 |
| ABS Journal Level | 4 |
| Abstract | Using transaction-level trade data from China Customs and loan data from the China Development Bank (CDB), we find that CDB credit to strategic industries at the top of supply chains leads to lower prices, higher volume, and more product varieties and destinations for exports for firms in downstream industries. These positive spillovers stem from reduced intermediate goods prices and increased trade credit from upstream to downstream firms caused by CDB loans. Notably, this surge in import activity displaces U.S. firms within the same industry but bolsters downstream U.S. firms’ business performance and employment. |
| Keyword | Government Credit Export Supply Chain Trade War |
| Indexed By | SSCI |
| Language | 英語English |
| Document Type | Journal article |
| Collection | DEPARTMENT OF FINANCE AND BUSINESS ECONOMICS |
| Corresponding Author | Ru, H |
| Affiliation | 1.Nanyang Technological University (NTU) 2.University of Macau |
| Recommended Citation GB/T 7714 | Ru, H,Yang, E. Government Credit and International Trade[J]. Journal of Financial and Quantitative Analysis, 2024. |
| APA | Ru, H., & Yang, E (2024). Government Credit and International Trade. Journal of Financial and Quantitative Analysis. |
| MLA | Ru, H,et al."Government Credit and International Trade".Journal of Financial and Quantitative Analysis (2024). |
| Files in This Item: | Download All | |||||
| File Name/Size | Publications | Version | Access | License | ||
| Government Credit an（949KB） | 期刊论文 | 作者接受稿 | 开放获取 | CC BY-NC-SA | View Download | |
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