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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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The Korean manufacturing sector has undergone active structural transformation in the past few decades. In particular, the composition of core manufacturing products has changed over time. In the 1970s, textiles, which are used to produce fabric, clothes, apparel, and shoes, were the main...
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