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International competition laws and trade credit financing

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  • Dak-Adzaklo, Adelaide

Abstract

Using a novel dataset of country-level competition laws across 34 countries, I examine and find a significant positive impact of competition laws on the access and provision of trade credit financing. A wide variety of robustness tests corroborate. In cross-sectional analysis, I find that the effect of competition laws on trade credit is stronger for financially constrained firms, and firms in countries with poorer institutional environments. My finding has important implications for both research and practice.

Suggested Citation

  • Dak-Adzaklo, Adelaide, 2025. "International competition laws and trade credit financing," Economics Letters, Elsevier, vol. 247(C).
    • Handle: RePEc:eee:ecolet:v:247:y:2025:i:c:s0165176524005810
    DOI: 10.1016/j.econlet.2024.112097
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    References listed on IDEAS

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