Evidence on Productivity, Comparative Advantage, and Networks in the Export Performance of Firms

Evidence on Productivity, Comparative Advantage, and Networks in the Export Performance of Firms PDF Author: Mr.Luca Antonio Ricci
Publisher: International Monetary Fund
ISBN: 1455227021
Category : Business & Economics
Languages : en
Pages : 44

Get Book Here

Book Description
This paper tests the effect of comparative advantage, size, and networking on the firm probability of exporting. The closest theoretical framework is the one of Bernard, Redding, and Schott (2007), with firm heterogeneity across countries and industries. We use a recently assembled multi-country multi-industry firm level dataset, and construct original measures of comparative advantage. The results show that firms are more likely to export if they belong to the comparative advantage industry, if they enjoy a higher productivity, or if they benefit from foreign, domestic, or communication networks.

Evidence on Productivity, Comparative Advantage, and Networks in the Export Performance of Firms

Evidence on Productivity, Comparative Advantage, and Networks in the Export Performance of Firms PDF Author: Mr.Luca Antonio Ricci
Publisher: International Monetary Fund
ISBN: 1455227021
Category : Business & Economics
Languages : en
Pages : 44

Get Book Here

Book Description
This paper tests the effect of comparative advantage, size, and networking on the firm probability of exporting. The closest theoretical framework is the one of Bernard, Redding, and Schott (2007), with firm heterogeneity across countries and industries. We use a recently assembled multi-country multi-industry firm level dataset, and construct original measures of comparative advantage. The results show that firms are more likely to export if they belong to the comparative advantage industry, if they enjoy a higher productivity, or if they benefit from foreign, domestic, or communication networks.

Productivity, Networks, and Export Performance

Productivity, Networks, and Export Performance PDF Author: Luca A. Ricci
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
This paper uses a newly assembled multi-country multi-industry firm-level dataset to test the effect of productivity and networking on the export probability of firms. Results are in line with the new-new trade theory and with the literature on the information value of networks. Firms are more likely to export if they are more productive, larger, and if they benefit from foreign networks (ownership and financial linkages), domestic networks (chamber of commerce, links to regulation), and communication networks (E-mail, internet). Firms bear a lower probability of exporting if they are affected by state ownership or unionization networks. Overall, firms with better network connections by one standard deviation enjoy a 15% higher probability of exporting.

Firm Size and Export Performance

Firm Size and Export Performance PDF Author: Owen Gabbitas
Publisher:
ISBN: 9781740371162
Category : Australia
Languages : en
Pages : 77

Get Book Here

Book Description


exports and productivity-comparable evidence for 14 countries

exports and productivity-comparable evidence for 14 countries PDF Author: Leonhard Pertl
Publisher: World Bank Publications
ISBN:
Category : Buyers
Languages : en
Pages : 82

Get Book Here

Book Description
Abstract: The authors use comparable micro level panel data for 14 countries and a set of identically specified empirical models to investigate the relationship between exports and productivity. The overall results are in line with the big picture that is by now familiar from the literature: Exporters are more productive than non-exporters when observed and unobserved heterogeneity are controlled for, and these exporter productivity premia tend to increase with the share of exports in total sales; there is strong evidence in favour of self-selection of more productive firms into export markets, but nearly no evidence in favour of the learning-by-exporting hypothesis. The authors document that the exporter premia differ considerably across countries in identically specified empirical models. In a meta-analysis of their results the authors find that countries that are more open and have more effective government report higher productivity premia. However, the level of development per se does not appear to be an explanation for the observed cross-country differences.

Exporting and Environmental Performance

Exporting and Environmental Performance PDF Author: Emilio Galdeano-Gómez
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
The objective of this paper is to study empirically the relationship between export orientation and firms' environmental performance from different perspectives of trade theory. On the one hand, productivity heterogeneity is analysed within the new trade-theoretical framework. The approach followed is to determine firm-level productivity components, including an environmental productivity indicator (as a performance measure) and taking as reference the Spanish food industry. On the other hand, from the traditional comparative advantage perspective, this study also develops an export performance model to evaluate the effect of technology, environmental variables and factor endowment on exporting. The results show greater environmental productivity and corporate efficiency for export-oriented firms. Our findings also determine the positive effect on firms' export intensity of environmental performance as a factor of specialisation and technology proficiency.

Comparative Advantage, Trade Policy and Economic Development

Comparative Advantage, Trade Policy and Economic Development PDF Author: Bela Balassa
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 380

Get Book Here

Book Description


Exporting and Performance

Exporting and Performance PDF Author: Heather D. Gibson
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
This paper explores differences in performance between firms that export and those that do not. With only a few exceptions, exporters have characteristics which suggest “better” performance than non-exporters, controlling for observed and unobserved heterogeneity. This paper aims to provide evidence on the differences between exporters and non-exporters in terms of labour productivity and profitability across time, different sectors of economic activity and different size groups, using data from exporting and non-exporting firms incorporated in Greece for the period 2006-2014. The results suggest that the exporter productivity premium is around 14% for the whole sample, pointing to a significant productivity advantage for exporting firms which is even stronger in certain sectors of economic activity. There is also evidence in favour of higher productivity growth for always exporting firms and starters, while there is a negative, though insignificant, effect for stoppers.

Firm Innovation and Productivity in Latin America and the Caribbean

Firm Innovation and Productivity in Latin America and the Caribbean PDF Author: Inter-American Development Bank
Publisher: Springer
ISBN: 1349581518
Category : Business & Economics
Languages : en
Pages : 366

Get Book Here

Book Description
This volume uses the study of firm dynamics to investigate the factors preventing faster productivity growth in Latin America and the Caribbean, pushing past the limits of traditional macroeconomic analyses. Each chapter is dedicated to an examination of a different factor affecting firm productivity - innovation, ICT usage, on-the-job-training, firm age, access to credit, and international linkages - highlighting the differences in firm characteristics, behaviors, and strategies. By showcasing this remarkable heterogeneity, this collection challenges regional policymakers to look beyond one-size-fits-all solutions and create balanced policy mixes tailored to distinct firm needs. This book is open access under a CC BY-NC-ND 3.0 IGO license.

Comparative Advantage and Heterogeneous Firms

Comparative Advantage and Heterogeneous Firms PDF Author: Andrew B. Bernard
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
This paper examines how country, industry and firm characteristics interact in general equilibrium to determine nations' responses to trade liberalization. When firms possess heterogeneous productivity, countries differ in relative factor abundance and industries vary in factor intensity, falling trade costs induce reallocations of resources both within and across industries and countries. These reallocations generate substantial job turnover in all sectors, spur relatively more creative destruction in comparative advantage industries than comparative disadvantage industries, and magnify ex ante comparative advantage to create additional welfare gains from trade. The relative ascendance of high-productivity firms within industries boosts aggregate productivity and drives down consumer prices. In contrast with the neoclassical model, these price declines dampen and can even reverse the real wage losses of scarce factors as countries liberalize.

Comparative Advantage, Firm Heterogeneity, and Selection of Exporters

Comparative Advantage, Firm Heterogeneity, and Selection of Exporters PDF Author: Isao Kamata
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
This paper investigates how the fraction of exporting firms among domestic firms in a country differs across industries, depending on a country's comparative advantage. A model, which extends work by Melitz (2003) and Bernard, Redding and Schott (2007), describes an economy that comprises two countries asymmetrically endowed with two production factors, many industries differing in the relative intensity of the two production factors, and a continuum of firms differing in productivity. The model predicts a comparative advantage driven pattern of the exporter selection: the fractions of exporting firms among all domestic firms are ranked according to the order of industries' relative intensities of a production factor with which the country is relatively well-endowed. This quasi-Heckscher-Ohlin prediction about the exporter fraction is empirically tested using data from the manufacturing censuses of Chile, Colombia, India, and the United States. The result of the analysis shows that the correlation between the exporter fractions and industry skill intensities is larger, or more positive, for a country with higher skilled-labor abundance, which confirms the theoretical prediction and demonstrates the role of comparative advantage in exporter selection.