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  • 标题:Firms' export dynamics: experience vs. size
  • 本地全文:下载
  • 作者:Antoine Berthou ; Vincent Vicard
  • 期刊名称:Euro Area Balance of Payments and International Investment Position Statistics
  • 印刷版ISSN:1830-3420
  • 电子版ISSN:1830-3439
  • 出版年度:2013
  • 出版社:European Central Bank
  • 摘要:This paper provides evidence about the impact that size and experience in exporting have on rms' dynamics, a critical input in models of rms dynamics. The analysis uses a census of French exports by rm-destination-product over the period 1994-2008 with a monthly frequency. We rst uncover a large calendar year bias: the growth of exporters between the rst and the second year of export is biased upwards because new exporters may start exporting late during the year. This incomplete calendar year reduces export revenue by 32% on average for the rst year of export. We then show that, controlling for size, export experience is negatively related to net growth of exports for surviving exporters. Controlling for export experience, the relationship between average size and net growth of exports shows no systematic pattern. Finally, churning in foreign markets is decreasing with export experience and (sharply) with size.
  • 关键词:International trade; Firms' heterogeneity; Firms' dynamics; Churning.
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