Effects of the Development Bank’s First-Tier Financing on Mexican Export Companies: The Case of the National Bank for Foreign Trade, 2009-2012
This study tests whether first-tier financing from the National Bank of Foreign Trade (Bancomext) improves the performance of exporting firms. To do so, the Propensity Score Matching methodology is applied to a group of 1,056 exporting firms. The overall results show that firms that received first-tier financing perfor...