Learning-by-Exporting: Micro-dynamic Evidence from Taiwan
| Autor: | Yo-Yi Huang, Deng-Shing Huang, Pei-Chou Lin |
|---|---|
| Rok vydání: | 2006 |
| Předmět: |
Market economy
Empirical research Political Science and International Relations Economics Differential (mechanical device) Business and International Management Empirical evidence General Economics Econometrics and Finance Productivity Industrial organization Sunk costs Learning effect Export market |
| Zdroj: | Global Economic Review. 35:397-411 |
| ISSN: | 1744-3873 1226-508X |
| Popis: | Do firms become more efficient after becoming exporters? Widespread empirical evidence indicates that exporting manufacturers achieve higher productivity levels than non-exporting manufacturers. Two explanations, self-selection and learning-by-exporting, are proposed in the literature, with the self-selection theory arguing that firms with higher productivity levels self-select into the highly competitive export market, whilst the learning-by-exporting theory argues that firms become more efficient after becoming exporters. Although the self-selection effect has the support of many empirical studies, the learning effect still has little or no empirical support, and is inconsistent with many of the micro-survey studies. We illustrate numerically that since it is heavily reliant upon an examination of productivity differential between exporters and non-exporters, the commonly-adopted approach may suffer from an underestimation of the learning effect in the export market. Such underestimation is als... |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
| Nepřihlášeným uživatelům se plný text nezobrazuje | K zobrazení výsledku je třeba se přihlásit. |