7516 
5778文章讨论了在"银行-企业"不完全信息条件下，国内企业和出口企业面对的信贷约束为何不同。由于企业的生产率等信息对于银行而言属于内部信息，银行为了保持激励相容，会向企业提供少于企业所需最优数量的贷款。这种贷款的约束构成了企业面对的信贷约束。出口企业的运输时间越长，相比国内企业就会面临更紧的信贷约束。使用中国企业的数据验证这一理论，我们发现，对中国企业而言，出口业务占比越大、运输时间越长、生产率差异越大，企业面临的信贷约束也就越紧。
不完全信息条件下的出口与信贷约束——来自中国的理论与证据
摘要
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引用本文
RobertC.Feenstra, 李志远, 余淼杰. 不完全信息条件下的出口与信贷约束——来自中国的理论与证据[J]. 财经研究, 2017, 43(5): 44–64.
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