G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16208
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
URLhttps://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.
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