scholarly journals Techno-Economic and Sustainability Analysis of Potential Cooling Methods in Irish Data Centres

2021 ◽  
Vol 10 (03) ◽  
pp. 35-54
Author(s):  
Lee Gibbons ◽  
Tim Persoons ◽  
Sajad Alimohammadi
Author(s):  
Anna Watson

AbstractThe paper examines the impact of trade credit on cyclical fluctuations in international trade. It provides new empirical evidence based on firm-level UK and Irish data showing that exporters use trade credit more actively and intensively than non-exporters. The study introduces inter-firm lending into an open economy general equilibrium model with heterogeneous firms and endogenous entry into the exports market. It demonstrates that trade credit amplifies the impact of macroeconomic shocks on international trade both along the intensive and extensive margins and that it significantly contributes to the high trade income elasticity observed in the data.


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