Exporters and Exchange Rates

We document the patterns of entry and sales growth for Irish plants in both domestic and export markets. Our findings are similar to those for other countries. Entrants in both domestic and export markets have a high hazard of exit, though survivors grow more rapidly than incumbents. We find a quantitatively important role is played by plants that are "born exporters." We investigate the effect of exchange rate movements on the extensive and intensive margins of exporting, controlling for these patterns.