Claudia Custodio - Imperial College Business School

"Access to Credit, Exports and Product Quality", together w/ Christopher Hansman & Bernardo Mendes


We show that access to credit is a key barrier to export. We analyze a credit support scheme in Portugal that provided government guarantees on loans to small and medium-sized enterprises. Regression discontinuity estimates based on program eligibility criteria indicate that qualifying firms persistently increase total value of exports, export probability, and export destinations. Access to credit increases the variety and quality of the products a firm exports. Firms that qualify for the scheme charge higher unit prices for narrowly defined goods, and use higher quality inputs, including imported goods. Our results highlight an understudied mechanism linking financial and economic development.

Additional information:

  • Speaker: Claudia Custodio
  • Time: Wednesday, 31.01.2024, 14:45 - 16:00
  • Location: Faculty Lounge, Room 0.036
  • Further links:
  • Organizer: Finance Group
  • Contact:

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