Milgram Baleix, Juliette Milgram; Cristóbal, José … - Departamento de Teoría e Historia Económica, Facultad … - 2007
In this paper, we test the hypothesis of sunk exporting costs differing among markets. We use a sample of Spanish firms from Encuesta sobre Estrategias Empresariales (ESEE) for period 1991-2002. Our results confirm the importance of those sunk costs and demonstrate that they differ depending on...