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  • 标题:Exporter dynamics and partial-year effects
  • 本地全文:下载
  • 作者:Andrew Bernard ; Renzo Massari ; José-Daniel Reyes
  • 期刊名称:CEP Discussion Paper
  • 出版年度:2016
  • 卷号:2016
  • 语种:English
  • 出版社:Centre for Economic Performance
  • 摘要:Two identical firms that start exporting in different months, one each in January and December, will report dramatically different exports for the first calendar year. This partial-year effect biases down first year export levels and biases up first year export growth rates. For Peruvian exporters, the partial-year bias is large: first-year export levels are understated by 65 percent and the first year growth rate is overstated by 112 percentage points. Correcting the partial-year effect eliminates high first year export growth rates, raises initial export levels and almost doubles the contribution of net firm entry and exit to overall export growth.
  • 关键词:export entry;export growth;margins of trade;heterogeneous firms
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