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Productivity Performance of Export Market Entry and Exit: Evidence from Indian Firms

机译:出口市场进入和退出的生产率表现:来自印度公司的证据

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摘要

This paper contributes to the literature on exporting and firm productivity, focusing on export entry (efficiency), learning (post-entry growth) and exit (inefficiency) by Indian firms. Drawing on 7000 firms during 1989-2009, our main objective is to examine the effect of exporting on firm productivity, correcting for selection bias using propensity-score matching, which allows a "like-for-like" comparison between new exporters and nonexporters. Robust to different matching estimators, we find evidence of learning-by-exporting that new exporters acquire rapid productivity growth after entry, relative to nonexporters. We also find that (1) exporters are more productive than nonexporters; (2) productive firms tend to self-select in entering the exporting market, and (3) least productive exporters are found to exit the export market as they experience adverse productivity effect prior to the year of exit. Our robust result on learning-by-exporting suggests that entering export market does appear to be a channel explaining the Indian recent growth miracle.
机译:本文为有关出口和企业生产率的文献做出了贡献,重点是印度企业的出口进入(效率),学习(进入后增长)和出口(低效率)。我们的主要目标是在1989-2009年期间利用7000家公司,以检验出口对公司生产率的影响,并使用倾向得分匹配来校正选择偏差,从而可以在新出口商与非出口商之间进行“类似”比较。对于不同的匹配估计值而言,我们很稳健,我们发现通过出口获得的证据表明,相对于非出口商,新出口商进入后获得了快速的生产率增长。我们还发现(1)出口商比非出口商生产率更高; (2)生产性企业倾向于进入出口市场进行自我选择,(3)发现生产性最低的出口商退出出口市场是因为它们在出口年份之前经历了不利的生产率影响。我们对出口学习的强劲结果表明,进入出口市场确实是解释印度近期增长奇迹的渠道。

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  • 来源
    《Review of international economics》 |2013年第4期|809-824|共16页
  • 作者

    Sushanta Mallick; Yong Yang;

  • 作者单位

    School of Business and Management, Queen Mary University of London, Mile End Road, London E1 4NS, UK;

    Room 304, School of Business, Management and Economics, University of Sussex, Falmer, Brighton BN1 9SL, UK;

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  • 正文语种 eng
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