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

DC FieldValueLanguage
dc.contributor.authorLawless, Martina-
dc.contributor.authorStudnicka, Zuzanna-
dc.date.accessioned2019-09-26T11:22:57Z-
dc.date.available2019-09-26T11:22:57Z-
dc.date.copyright2019 the Authorsen_US
dc.date.issued2019-09-
dc.identifier.other201919-
dc.identifier.urihttp://hdl.handle.net/10197/11086-
dc.description.abstractIn this paper we present new empirical evidence on the relationship between exporting experience and the duration of export relationships at the firm-product-destination level. Our starting hypothesis that more experienced exporters would have longer lived product-market trade relationships is quite strongly rejected in baseline specifications. However,we find that when we introduce interaction effects between experience and product scope and also between experience and similarity to the firm's core export product, our results change considerably. These findings suggest that at some level of experience as an exporter there is a decline in the marginal return on the positive effects on survival of product diversification and proximity. We suggest that this is evidence that more experienced firms launch product-destination pairs further away from their core competence and/or into more risky markets which therefore increases the risk of failure of any individual product-destination pairing.en_US
dc.language.isoenen_US
dc.publisherUniversity College Dublin. School of Economicsen_US
dc.relation.ispartofseriesUCD Centre for Economic Research Working Paper Seriesen_US
dc.relation.ispartofseriesWP2019/19en_US
dc.subjectDuration of tradeen_US
dc.subjectSurvival modelsen_US
dc.subjectExport experienceen_US
dc.subjectMulti-product firmsen_US
dc.subject.classificationF10en_US
dc.titleOld Firms and New Export Flows: Does Experience Increase Survival?en_US
dc.typeWorking Paperen_US
dc.statusNot peer revieweden_US
dc.identifier.startpage1en_US
dc.identifier.endpage31en_US
dc.neeo.contributorLawless|Martina|aut|-
dc.neeo.contributorStudnicka|Zuzanna|aut|-
item.grantfulltextopen-
item.fulltextWith Fulltext-
Appears in Collections:Economics Working Papers & Policy Papers
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