Information externalities and export trade duration at the firm level
Recent empirical work emphasizes the importance of the extensive margin of trade (new exporters, new export activities) for long run export growth. In this context, understanding the determinants of duration of new exporters is key for underpinning the dynamics of exports growth. As new exporters te...
- Autores:
- Tipo de recurso:
- Fecha de publicación:
- 2013
- Institución:
- Universidad del Rosario
- Repositorio:
- Repositorio EdocUR - U. Rosario
- Idioma:
- spa
- OAI Identifier:
- oai:repository.urosario.edu.co:10336/10983
- Acceso en línea:
- https://doi.org/10.48713/10336_10983
http://repository.urosario.edu.co/handle/10336/10983
- Palabra clave:
- Comercio internacional (Comercio exterior)
information externalities
export duration
export dynamics
duration analysis
survival of trade
Economía
Comercio internacional
Exportaciones
Crecimiento económico
Análisis de la información::Aspectos Económicos
- Rights
- License
- http://purl.org/coar/access_right/c_abf2
Summary: | Recent empirical work emphasizes the importance of the extensive margin of trade (new exporters, new export activities) for long run export growth. In this context, understanding the determinants of duration of new exporters is key for underpinning the dynamics of exports growth. As new exporters tend to show low survival rates, identifying the determinants of export duration is highly relevant for academic and policy purposes. In this paper, we explore whether information externalities arising from different levels of spatial interaction allow new exporters to increase the duration of their trade activities. For this, we use transaction level data on Colombian exports between 2004 and 2011. Results show that export networks, understood as the agglomeration of exporting firms at different spatial levels, reduce the risk of dropping out from exporting and that this effect is stronger the more similar are export activities carried out by firms |
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