Berman, Nicolas; Berthou, Antoine; Héricourt, Jérôme - C.E.P.R. Discussion Papers - 2011
How do firms' sales interact across markets? Are foreign and domestic sales complements or substitutes? Using a large … 1995-2001, we study the interconnections between exports and domestic sales. We identify exogenous shocks that affect the … exogenous variations in foreign sales are positively associated with domestic sales, even after controlling for changes in …