Taxonomy for Measurement of Firm-Level Export Performance

Exporting is crucial to a country’s trade performance in terms of increasing its foreign exchange reserves and improving the terms of trade. At the firm-level too, exporting serves significant purpose by enhancing sustainability, profitability, and competitive position of firms in long-run. Hence, it is crucial to access the impact of exporting on the performance of such firms. Several measures, most of them multi-dimensional in nature, have been used to capture the construct of firm-level export performance. Past studies have used both absolute numbers as well as performance ratings as a part of measuring firms’ export performance. It is also revealed that export performance being a multi-dimensional phenomenon is best represented by the use of certain key dimensions explaining the firms’ performance in international markets. Research in this field is still evolving and paving way for further enrichment of its theoretical background. Assimilating the important work in this field, the paper highlights some key trends in measurement of firm-level export performance