G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Entry on Export Markets and Firm-Level Performance Growth: Intra-Industrial Convergence or Divergence?
Florian Mayneris
发表日期2010
出处Economy and Society
出版年2010
语种英语
摘要This paper investigates theoretically and empirically the endogenous investment decision of firms conditioning on export decision. It shows that theoretically, whatever the form of preferences, firms that start exporting invest more and grow more than the others. However, it is shown that when preferences are CES, within each category of firms (domestic and switchers), initial productivity and investment are strategic complements, inducing intra-industrial divergence. On the contrary, when preferences are quadratic, initial productivity and investment are strategic substitutes: less productive firms invest more and grow more than the others, inducing intra-industrial convergence. Empirical results on French data support the predictions of the quadratic preferences model.
特色分类D21;D24;F12
关键词Export Decision Investment Firm Heterogeneity
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/entry-on-export-markets-and-firm-level-performance-growth-intra-industrial-convergence-or-divergence/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/117773
推荐引用方式
GB/T 7714
Florian Mayneris. Entry on Export Markets and Firm-Level Performance Growth: Intra-Industrial Convergence or Divergence?. 2010.
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