Information Externalities and Export Duration at the Firm Level

Serie

• Documentos de trabajo

Resumen

• Recent empirical work emphasizes the importance of the extensive margin of trade (new exporters, new export activities) for long run export growth. In this context, understanding the determinants of duration of new exporters is key for underpinning the dynamics of exports growth. As new exporters tend to show low survival rates, identifying the determinants of export duration is highly relevant for academic and policy purposes. In this paper, we explore whether information externalities arising from different levels of spatial interaction allow new exporters to increase the duration of their trade activities. For this, we use transaction level data on Colombian exports between 2004 and 2011. Results show that export networks, understood as the agglomeration of exporting firms at different spatial levels, reduce the risk of dropping out from exporting and that this effect is stronger the more similar are export activities carried out by firms.

autores

• Arguello, Ricardo
• García Suaza, Andrés
• Valderrama González, Daniel

fecha de publicación

• 2013-11

Área temática

• C41 - Análisis de duración; Estrategias de momento óptimo
• F14 - Comercio: estudios empíricos

Enfoque geográfico

• Colombia  Country
• South America  Continent

Líneas de investigación

• Duration Analysis
• Export Duration
• Export Dynamics
• Information Externalities
• Survival of Trade

Issue

• 11035