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Institutions and export dynamics
journal contribution
posted on 2023-06-08, 23:53 authored by Luis Araujo, Giordano Mion, Emanuel OrnelasWe study how contract enforcement and export experience shape firm export dynamics in an environment with incomplete information. We show that exporters start with higher volumes and sell for longer periods in countries with better contracting institutions and when they have prior foreign experience. However, conditional on survival, firm export growth decreases with the quality of the country's institutions. Controlling for time-varying firm unobservables and other factors, we confirm these and other predictions using a panel of Belgian exporting firms from 1995 to 2008. The results highlight the manifold implications of export experience and contracting institutions for firm dynamics in foreign markets.
History
Publication status
- Published
File Version
- Published version
Journal
Journal of International EconomicsISSN
0022-1996Publisher
ElsevierExternal DOI
Issue
1Volume
98Page range
2-20Department affiliated with
- Economics Publications
Full text available
- No
Peer reviewed?
- Yes
Legacy Posted Date
2016-01-07First Compliant Deposit (FCD) Date
2021-03-04Usage metrics
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