We examine the differential effects of financial status and exporting activity on the likelihood of survival for firms in the UK and France two countries with different financial systems. We aim to answer two main questions: What is the direct impact of financial characteristics and different facets of exporting activity on the likelihood of survival? Do the sensitivities of survival incidence ...

The ongoing process of international economic integration has induced several academic researchers and policy makers to deepen increasingly issues about the relationship between international trade and economic growth. More in particular, the attention is increasingly focusing on the link between exporting and firm performance, acknowledging the extreme relevance of ‘firm heterogeneity’. This p...

There is extensive empirical evidence pointing to the existence of sunk costs to exporting. Only higher productivity firms can profitably cover these and enter export markets. This is the standard explanation for the regularity with which econometric analyses reports that exporters are more productive than non-exporters. But what happens to their productivity trajectory once they have entered? ...

Existing literature at the nexus of firm productivity and export behavior mostly focuses on “learning by exporting,” whereby firms can improve their performance engaging in exports. Whereas, secondary channel learning via cross-firm spillovers from exporting peers, or exporters,” has largely been neglected. Omitting this important mechanism, which benefit both exporters non-exporters, may provi...

The main aim of this work is to close the research gap that lack a dominant typology exporting firms in area international entrepreneurship (IE). It combines principles gradual or stage approaches, scale and scope, with those associated entrepreneurial behaviours: time internationalisation speed. Latent class segmentation achieved using sample 136 Spanish uncover nature characteristics differen...

This paper re-examines the dependence structure between uncertainty in oil prices and sovereign credit risk of exporters. To address this issue, we employ a copula approach that allows us to capture asymmetric nonlinear structures. Empirical analyses involve daily data 5-year default swaps spreads crude implied volatility from January 2010 May 2019, covering sample ten oil-exporting countries. ...