IDEAS home Printed from https://ideas.repec.org/a/blg/journl/v20y2025i1p281-292.html
   My bibliography  Save this article

Relationship Among R&D, Productivity, And Firm Exports: The Moderating Role Of Credit Constraints

Author

Listed:
  • Dengjun ZHANG

    (UiS School of Business and Law, University of Stavanger, Norway)

  • Ermanno AFFUSO

    (Mitchell College of Business, University of South Alabama, Mobile, USA)

  • Jan BULECA

    (Faculty of Economics, Technical University of Kosice, Slovak Republic)

  • Peter TOTH

    (Faculty of Economics, Technical University of Kosice, Slovak Republic)

  • Rudresh PANDEY

    (Oslo Business School, Oslo Metropolitan University, Norway)

Abstract

Innovative and productive firms are more likely to export and earn a great intensive margin. However, credit constraints may disconnect or distort the linkage between export determinants and export margins. In this study, we explore whether credit constraints affect the role of R&D and productivity play in export propensity (whether a firm exports or not) and export intensity (export share in total annual sales). Using data on Indian manufacturing firms, our empirical results indicate that, while limited access to finance does not affect the R&D–exports linkage, it prevents productive firms from obtaining great export intensity. We also test whether credit constraints affect the roles of other determinants in export margins.

Suggested Citation

  • Dengjun ZHANG & Ermanno AFFUSO & Jan BULECA & Peter TOTH & Rudresh PANDEY, 2025. "Relationship Among R&D, Productivity, And Firm Exports: The Moderating Role Of Credit Constraints," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 20(1), pages 281-292, April.
    • Handle: RePEc:blg:journl:v:20:y:2025:i:1:p:281-292
    as

    Download full text from publisher

    File URL: http://magazines.ulbsibiu.ro/eccsf/RePEc/blg/journl/20116zhang.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:blg:journl:v:20:y:2025:i:1:p:281-292. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mihaela Herciu (email available below). General contact details of provider: https://edirc.repec.org/data/feulbro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.