Berman, Nicolas; Berthou, Antoine; Héricourt, Jerome - 2011
1995-2001, we study the interconnections between exports and domestic sales. We identify exogenous shocks that affect firm … demand on foreign markets to instrument yearly variations in exports. Our results show that exogenous variations in foreign … increase in exports generates a 1.5 to 3% increase in domestic sales in the short-term. This result is robust to various …
