Learning-by-Exporting Revisited: the role of intensity and persistence
2008 (English)Report (Other academic)
Two not mutually exclusive hypotheses can explain the empirically established exportpremium: self-selection of more productive firms into export markets and learning-byexporting.We reassess the learning-by-exporting hypothesis and maintain that the scope forlearning is related to the persistence and the intensity of a firm’s exporting activity. Using arich panel of Swedish manufacturing firms, we show that there is a causality going fromexports to productivity only for persistent exporters with high export-intensity. No suchrelationship is found for either temporary exporters or persistent exporters with low exportintensity.Learning-by-exporting in the form of a causality going from exports to productivityonly pertains to firms that persistently export a large fraction of their sales on a global scale.Results are robust to the inclusion of several firm characteristics such as imports, physicalcapital, firm size, skilled labour, capital structure, corporate ownership structure, and industryclassification.
Place, publisher, year, edition, pages
CESIS, KTH Royal Institute of Technology , 2008. , 26 p.
CESIS Working Paper Series in Economics and Institutions of Innovation, 149
export productivity premium, learning-by-exporting, productivity dynamics, panel data, dynamic models, temporary and persistent exporters
IdentifiersURN: urn:nbn:se:kth:diva-72310OAI: oai:DiVA.org:kth-72310DiVA: diva2:487477
QC 201202092012-02-092012-01-312012-02-09Bibliographically approved