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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP16208 |
DP16208 Sequential Exporting across Countries and Products | |
Emanuel Ornelas; Facundo Albornoz-Crespo; Héctor Calvo Pardo; Gregory Corcos | |
发表日期 | 2021-06-01 |
出版年 | 2021 |
语种 | 英语 |
摘要 | How do exporters expand their product scope and geographical presence? We argue that new exporters are uncertain about their profitability in different countries and products, but learn it as they start to export. As a consequence, exporters add products and countries sequentially, in an interdependent process. Exploiting disaggregated data on French exporters, we find empirical support consistent with such a mechanism, where firms learn from their initial export experiences and then adjust their sales, number of products and destination countries accordingly. Our results indicate that part of the learning is firm-specific, and not merely product- or market-specific. Furthermore, we find that firms tend to expand in the sub-extensive margin first by widening product scope within a destination and later by entering new destinations; and that firms’ core products are particularly resilient despite being used to “test the waters” when entering additional countries. |
主题 | International Trade and Regional Economics |
关键词 | Export dynamics Experimentation Uncertainty Multiproduct firms Market interdependence |
URL | https://cepr.org/publications/dp16208 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545179 |
推荐引用方式 GB/T 7714 | Emanuel Ornelas,Facundo Albornoz-Crespo,Héctor Calvo Pardo,et al. DP16208 Sequential Exporting across Countries and Products. 2021. |
条目包含的文件 | 条目无相关文件。 |
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