Old Firms and New Export Flows: Does Experience Increase Survival?

In this paper we present new empirical evidence on the relationship between exporting experience and the duration of exports at the firm-product-destination level. We find that the direct effect of experience on export flow survival is negative. However, when we include interactions between experien...

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Veröffentlicht in:Open economies review 2024-04, Vol.35 (2), p.215-243
Hauptverfasser: Lawless, Martina, Studnicka, Zuzanna
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description In this paper we present new empirical evidence on the relationship between exporting experience and the duration of exports at the firm-product-destination level. We find that the direct effect of experience on export flow survival is negative. However, when we include interactions between experience and firm export diversification measures, this effect becomes positive. This suggests that more experienced firms launch more risky export flows which increases the probability of failure of any individual product-destination pairing.
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subjects Development Economics
Diversification
Economic Policy
Economics
Economics and Finance
European Integration
Exports
International Economics
International trade
Literature reviews
Macroeconomics/Monetary Economics//Financial Economics
Pairing
Research Article
title Old Firms and New Export Flows: Does Experience Increase Survival?
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