High productivity before or after exports? An empirical analysis of Korean manufacturing firms

被引:20
作者
Kim, Soo-Il [1 ]
Gopinath, Munisamy [2 ]
Kim, Hanho [3 ]
机构
[1] Govt Korea, Minist Food Agr Forestry & Fisheries, Seoul, South Korea
[2] Oregon State Univ, Dept Agr & Resource Econ, 213 Ballard Hall, Corvallis, OR 97331 USA
[3] Seoul Natl Univ, Res Inst Agr & Life Sci, Dept Agr Econ & Rural Dev, Seoul, South Korea
关键词
Export decision; Korean manufacturing; Productivity and trade;
D O I
10.1016/j.asieco.2009.02.012
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study investigates whether exporting is a cause or an effect of high productivity of firms' in the Korean manufacturing industries. For this purpose, a panel database is assembled with 1335 firms from eight Korean manufacturing industries during 1997-2003. Evidence that high productivity causes exporting, referred to as self-selection, is found in three out of eight industries. However, we do not find support for the hypothesis that high productivity is affected by exporting, except in one industry. Sunk-cost or previous-export-experience effect on the current export status is statistically significant and robust across industries unlike that of firms' productivity and size. Published by Elsevier Inc.
引用
收藏
页码:410 / 418
页数:9
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