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India`s exports nearly tripled in the 1990s. Decomposing export growth shows that it has been driven by incumbent firms … the firm`s decision to export, we find evidence that economic liberalization has led to greater domestic competition …, spurring firm efficiency and increasing Indian firms` competitiveness and ability to export. We show that export growth has …
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Firms display remarkable persistence in exporting and importing status. However, export and import status do not … overlap perfectly, as some exporters do not import while some importers do not export. Motivated by these facts, I develop a … dynamic discrete choice model of a firm’s decision to import and export. A firm needs to pay either sunk costs to initiate an …
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