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Is "learning-by-exporting" important? Micro-dynamic evidence from Colombia, Mexico and Morocco
TLDR
The authors analyzed the causal links between exporting and productivity using firm-level panel data from three semi-industrialized countries and found that relatively efficient firms become exporters, but firms' unit costs are not affected by previous export market participation, while the well-known efficiency gap between exporters and non-exporters is due to self-selection of the more efficient firms into the export market, rather than learning by exporting.Abstract:
Is there any empirical evidence that firms become more efficient after becoming exporters? Do firms that become exporters generate positive spillovers for domestically-oriented producers? In this paper we analyze the causal links between exporting and productivity using firm-level panel data from three semi-industrialized countries Representing export market" participation and production costs as jointly dependent autoregressive processes, we look for evidence that firms' stochastic cost processes shift when they break into foreign markets We find that relatively efficient firms become exporters, but firms' unit costs are not affected by previous export market participation So the well-known efficiency gap between exporters and non-exporters is due to self-selection of the more efficient firms into the export market, rather than learning by exporting Further, we find some evidence that exporters reduce the costs of breaking into foreign markets for domestically oriented producers, but they do not appear to help these producers become more efficientread more
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The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity
TL;DR: In this paper, a dynamic industry model with heterogeneous firms is proposed to explain why international trade induces reallocations of resources among firms in an industry and contributes to a welfare gain.
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Exceptional Exporter Performance: Cause, Effect, or Both?
TL;DR: The evidence is quite" clear on one point: good firms become exporters, both growth rates and levels of success measures" are higher ex-ante for exporters as mentioned in this paper.
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Trade Policy and Economic Growth: A Skeptic's Guide to the Cross-National Evidence
Francisco Rodríguez,Dani Rodrik +1 more
TL;DR: This paper found little evidence that open trade policies are significantly associated with economic growth, in the sense of lower tariff and nontariff barriers to trade, and showed that the indicators of openness used by researchers are poor measures of trade barriers or are highly correlated with other sources of bad economic performance.
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Exceptional exporter performance : cause, effect, or both?
TL;DR: A growing body of empirical work has documented the superior performance characteristics of exporting plants and firms relative to non-exporters as discussed by the authors, showing that good firms become exporters, both growth rates and levels of success measures are higher ex-ante for exporters.
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Market Size, Trade, and Productivity
TL;DR: In this article, the authors develop a monopolistically competitive model of trade with firm heterogeneity in terms of productivity differences and endogenous differences in the "toughness" of competition across markets.
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Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations.
Manuel Arellano,Stephen Bond +1 more
TL;DR: In this article, the generalized method of moments (GMM) estimator optimally exploits all the linear moment restrictions that follow from the assumption of no serial correlation in the errors, in an equation which contains individual effects, lagged dependent variables and no strictly exogenous variables.
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Regression Diagnostics: Identifying Influential Data and Sources of Collinearity
TL;DR: This chapter discusses Detecting Influential Observations and Outliers, a method for assessing Collinearity, and its applications in medicine and science.
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Estimating vector autoregressions with panel data
TL;DR: In this article, the authors consider estimation and testing of vector autoregressio n coefficients in panel data, and apply the techniques to analyze the dynamic relationships between wages an d hours worked in two samples of American males.
Posted Content
Exceptional Exporter Performance: Cause, Effect, or Both?
TL;DR: The evidence is quite" clear on one point: good firms become exporters, both growth rates and levels of success measures" are higher ex-ante for exporters as mentioned in this paper.
Journal ArticleDOI
Entry and Exit Decisions under Uncertainty
TL;DR: In this paper, a firm's entry and exit decisions when the output price follows a random walk are examined, where an idle firm and an active firm are viewed as assets that are call options on each other.
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