This paper examines the effects on the exports of Estonian firms of the Russian export shock of 2014, which was a … better export performance after the shock than direct exporters were. The trade performance after the shock was lower for … multifaceted negative market-wide income shock. The dataset covers all the Estonian exporters that exported to Russia in 2013 and …

To serve foreign markets, firms can either export or set up a local subsidiary through horizontal Foreign Direct …