2016
DOI: 10.1111/jere.12083
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Export Experience, Product Differentiation and Firm Survival in Export Markets

Abstract: This paper examines the determinants of firm survival in export markets by explicitly taking into account the impact of firms' previous export market experience and their product differentiation. Utilizing a 16-year panel data set for Japanese manufacturing firms, we employ panel probit estimation to examine the likelihood of exit from export markets. The results of our estimations show, first, that the exit probability from export markets decreased over the export duration. Second, the probability of exiting … Show more

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Cited by 25 publications
(18 citation statements)
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References 27 publications
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“…Methodologically, earlier studies on duration applied continuous time models rather than discrete‐time models. Starting with Hess and Person (), discrete‐time models have been a norm in recent export duration studies (see Görg et al , ; Besedeš, ; Görg and Spaliara, ; Fu and Wu, ; Fugazza and McLaren, ; Córcoles et al , ; Gullstrand and Persson, ; Inui et al , ; Chacha and Edwards, ; Cui and Liu, ; Lemessa et al , ; Peterson et al , ; Türkcan and Saygili, ; Goya and Zahler, ; Zhu et al , ). Using the original data by Besedeš and Prusa (), Hess and Person () conclude that discrete‐time models are more efficient than continuous‐time models due to three reasons.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Methodologically, earlier studies on duration applied continuous time models rather than discrete‐time models. Starting with Hess and Person (), discrete‐time models have been a norm in recent export duration studies (see Görg et al , ; Besedeš, ; Görg and Spaliara, ; Fu and Wu, ; Fugazza and McLaren, ; Córcoles et al , ; Gullstrand and Persson, ; Inui et al , ; Chacha and Edwards, ; Cui and Liu, ; Lemessa et al , ; Peterson et al , ; Türkcan and Saygili, ; Goya and Zahler, ; Zhu et al , ). Using the original data by Besedeš and Prusa (), Hess and Person () conclude that discrete‐time models are more efficient than continuous‐time models due to three reasons.…”
Section: Literature Reviewmentioning
confidence: 99%
“…Export behaviour is expected to have a positive effect on firm survival as exporting firms tend to have higher productivity and profitability to help them survive (Helpman, 2006;Salomon and Shaver,2005;Inui, et. al., 2017).…”
Section: Control Variablesmentioning
confidence: 99%
“…Albornoz et al (2016) proxy experience with firm export survival time, number of export markets, number of previous incursions and export exposure. Inui et al (2017) define experience as number of years of firm export spells up to the current year.…”
Section: Introductionmentioning
confidence: 99%