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versus learning by exporting. According to the selection into exporting hypothesis, more productive firms self-select into … exporting due to high entry costs. The learning by exporting hypothesis, on the other hand, emphasizes that firms learn after … entering into the export market. We find evidence in support of both self-selection and learning by exporting. …
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Entrepreneurs are reluctant to exit. How does information about peers, specifically, benchmarking, affect exit? To investigate this question, we carried out a randomized controlled trial of benchmarking among 194 food-stall owners in Singapore. Both control and treatment owners were informed of...
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trade, but their effectiveness crucially depends on the speed of learning. …
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