“Glocal” ties: banking development and SEs’ export entry

In this paper we explore the impact of the banking sector development on the first time export entry of small enterprises (SEs) in the Turkish manufacturing sector. By exploiting variation in the number of branches per capita across NUTS3 regions and variation in financial dependence across sectors, we support a positive and significant role of finance in fostering the access to foreign markets of SEs. This evidence is robust to the use of...