Technology Upgrading, Exporting and Heterogeneous Firms

Globalisation , Productivity and Technology Research Paper 2007 / 04 The returns to exporting : Evidence from UK firms

The question of learning versus self-selection has dominated the micro-econometric literature on firm export decisions, without leading to any firm conclusions. In part this reflects the limited information content of the data typically used. In this paper we use survey data on UK firms to offer some new insights into this debate. Consistent with the literature we find that the impacts of expor...

Differences in Learning: A Study on Learning-by-Exporting Across Heterogeneous Firms

Demand, Cost, and Profitability Across Chinese Exporting Firms

In this paper we use micro data on both trade and production for a sample of large Chinese manufacturing firms in the footwear industry from 2002-2006 to estimate an empirical model of export demand, pricing, and market participation by destination market. We use the model to construct indexes of firm-level demand, cost, and export market profitability. The empirical results indicate substantia...

Innovation and Exporting: Evidence from Spanish Manufacturing Firms

This paper investigates the relationship between innovation and the export behavior of firms using data from a representative panel of Spanish firms over 1991-2002. It presents a simple theoretical model of the firm decision to export and innovate that guides the econometric analysis. Consistent with the predictions of the theoretical model, the econometric results suggest a positive effect of ...

Specialization in Bank Lending: Evidence from Exporting Firms

This paper develops an empirical approach for identifying bank specialization in export markets. Combining loan and shipment data for all exporters in Peru, we find that all banks have abnormally large and persistent loan portfolio exposures to at least one export destination market. Specifications that saturate all bank-time and firm-time variation show that firms that expand exports to a coun...