Financial dependence and the terms of payments in international transactions
APPLIED ECONOMICS LETTERS, cilt.25, sa.8, ss.531-534, 2018 (SSCI, Scopus)
- Yayın Türü: Makale / Tam Makale
- Cilt numarası: 25 Sayı: 8
- Basım Tarihi: 2018
- Doi Numarası: 10.1080/13504851.2017.1343439
- Dergi Adı: APPLIED ECONOMICS LETTERS
- Derginin Tarandığı İndeksler: Social Sciences Citation Index (SSCI), Scopus
- Sayfa Sayıları: ss.531-534
- Anahtar Kelimeler: Method of payments, trade finance, post-shipment, prepayment, financial dependence, F14, F13
- Akdeniz Üniversitesi Adresli: Evet
Özet
Using a novel data on payment choice in export transactions, this study shows that financing cost in a country is more important in terms of offering (undertaking) post-shipment (prepayment) terms in exports (imports) for the industries that rely more on external finance.