Exports and Productivity Selection Effects for Dutch Firms |
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Authors: | Henk L M Kox Hugo Rojas-Romagosa |
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Institution: | 1.CPB Netherlands Bureau for Economic Policy Analysis,The Hague,The Netherlands |
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Abstract: | The paper tests whether recent theories of international trade with heterogeneous firms can explain the export patterns in
Dutch firm- and plant- level data in manufacturing and services. Recent trade models with heterogeneous firms predict that
the export decision of firms is affected by sunk entry costs in foreign markets, with only the most productive firms self-selecting
into exports. We test a latent variable model of the export decision by probit regressions and standard OLS panel regressions.
Our results support the self-selection prediction. The process further appears to be conditioned by scale effects, market
structure and multinational affiliation. Regarding alternative explanations, we do not find evidence for the learning-by-exporting
hypothesis, even when controlling for the firm’s distance to the international productivity frontier. |
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