global recession exploring a rich firm-level data set from Spain. The analysis is motivated by the surprisingly strong export … performance of Spain in the aftermath of the great trade collapse (dubbed by some as the “Spanish export miracle”). The focus of … differences (jobs, productivity, and firm survival) across firms that differ in their export status. We find no adverse effects of …

most recent financial crisis, estimating models for export market participation decisions and firm growth and survival. The … results indicate that financial variables are highly important in predicting export market entry, especially in the midst of …

firms that are more dependent on external finance experienced greater export contraction during the crisis. Our regression … analysis suggests that the financial vulnerability of firms, measured by various financial ratios, did not contribute to export … or receivables suffered larger drops in export growth during the crisis. …

) across firms that differ in their export status. We find no adverse effects of the financial crisis on foreign market entry … or exit, but a considerable increase in the export intensity of firms after the financial crisis. Moreover, we find that … strong export performance of Spain in the aftermath of the great trade collapse: improved aggregate competitiveness due to …