Export market participation

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dc.contributor.author	Sinani, Evis	en_US
dc.contributor.author	Hobdari, Bersant	en_US
dc.date.accessioned	2009-02-04T10:23:59Z
dc.date.available	2009-02-04T10:23:59Z
dc.date.issued	2007-12-04T00:00:00Z	en_US
dc.identifier.uri	http://hdl.handle.net/10398/6544
dc.description.abstract	This paper investigates the importance of sunk costs, firm characteristics and spillovers from nearby exporters on a firm’s export participation decision. The empirical analysis involves the estimation of a non-structural, discrete choice, dynamic model with firm heterogeneity. The results suggest that both sunk costs and observable firm characteristics are important determinants of export market participation. In addition, previous history matters, in that, if a firm has been exporting the last period or the period before that it significantly increases the likelihood of the firm exporting in the current period. This conclusion is robust across all specifications. Also, larger firms with high capital intensity and foreign owned are more likely be exporters. Finally, while there is no clear evidence on export spillovers, if a firm operates in an export-oriented industry increases the likelihood of exporting. Dynamic Panel, sunk costs, export decision.	en_US
dc.format.extent	42 s.	en_US
dc.language	eng	en_US
dc.relation.ispartofseries	Working paper;2007-5	en_US
dc.title	Export market participation	en_US
dc.type	wp	en_US
dc.accessionstatus	modt07dec04 nijemo	en_US
dc.contributor.corporation	Copenhagen Business School. CBS	en_US
dc.contributor.department	Institut for International Økonomi og Virksomhedsledelse	en_US
dc.contributor.departmentshort	INT	en_US
dc.contributor.departmentuk	Department of International Economics and Management	en_US
dc.contributor.departmentukshort	IEM	en_US
dc.idnumber	x656555415	en_US
dc.publisher.city	København	en_US
dc.publisher.year	2007	en_US
dc.title.subtitle	The importance of sunk costs and spillovers	en_US