Dynamics of Export Market Entry and Exit
We apply discrete time duration models to explain the duration until new plants start to export and the duration until exit from the export markets, using data on Finnish manufacturing plants. Plants that are large, young, highly productive, and with high-capital intensity are likely to enter the export market earlier and to survive in the export market longer. Foreign ownership increases chances of export entry, especially for small and low human capital plants, and decreases the risk of export failure for large, high-productivity plants. The upper and lower tails of the productivity distribution are represented by plants that start exporting and those that are exiting, respectively. Copyright The editors of the "Scandinavian Journal of Economics" 2010 .
Year of publication: |
2010
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Authors: | Ilmakunnas, Pekka ; Nurmi, Satu |
Published in: |
Scandinavian Journal of Economics. - Wiley Blackwell, ISSN 1467-9442. - Vol. 112.2010, 1, p. 101-126
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Publisher: |
Wiley Blackwell |
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