Discovery and Imitation of Export Products and the Role of Existing Exporters in Korean Manufacturing

Autor: HAHN, CHIN HEE
Jazyk: English<br />Korean
Rok vydání: 2019
Předmět:
Zdroj: KDI Journal of Economic Policy, Vol 41, Iss 4, Pp 45-66 (2019)
Druh dokumentu: article
ISSN: 2586-2995
2586-4130
DOI: 10.23895/kdijep.2019.41.4.45
Popis: This paper empirically examines what role of existing exporters play in the discovery of new export products and whether there are evidence of spillovers from export discovery. We find that existing exporters are more likely to discover new export products than non-exporters. We also find evidence of export discovery spillovers; export discovery of a product by some plants had an effect of increasing the probability of subsequent export market penetration of the same product by other plants. Export discovery spillovers are found to be stronger among geographically closely located plants. We argue that information spillovers is a part of the story: you learn from your neighboring discoverers about the profitability of potentially exportable products.
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