File(s) not publicly available
Explaining cross-country differences in exporting performance: the role of country-level macroeconomic environment
journal contribution
posted on 2023-06-09, 02:27 authored by Yong Yang, Sushanta MallickIn this paper, we undertake a meta-analysis to investigate whether country-level macroeconomic factors can help explain the inconclusiveness of existing evidence on the firm-level productivity–exporting relationship – the so-called learning-by-exporting hypothesis. Using 34 studies that investigate learning by exporting covering 31 countries, we attempt to explain whether country-specific macroeconomic factors account for the variation in the estimated firm-specific productivity effects from exporting across different studies, along with considering a firm-level factor. Robust to different specifications, one interesting finding is that countries with bigger external demand (measured by distance-weighted global GDP for each country) are likely to display a higher estimate of the productivity effect of exporting. In addition, countries with higher competitiveness, as reflected in lower relative prices, tend to experience higher exporting performance, while higher returns from overseas production reduce the learning effect from exporting at the firm level. The results also indicate that the effect of exporting on firm productivity is lower in periods of financial crisis.
History
Publication status
- Published
Journal
International Business ReviewISSN
0969-5931Publisher
ElsevierExternal DOI
Issue
1Volume
23Page range
246-259Department affiliated with
- Business and Management Publications
Full text available
- No
Peer reviewed?
- Yes
Legacy Posted Date
2016-08-10Usage metrics
Categories
No categories selectedKeywords
Licence
Exports
RefWorks
BibTeX
Ref. manager
Endnote
DataCite
NLM
DC