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The Post-entry Performance of Cohorts of Export Starters in German Manufacturing Industries☆

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Author Info

  • Joachim Wagner

Abstract

This paper investigates four cohorts of firms from German manufacturing industries that started to export between 1998 and 2002, and follows them for five years after the start. Export starters are a rare species and small in Germany. Around 30--40% of those starters studied became continuous exporters. The share of total exports contributed by export starters of a cohort is tiny in the start year, and it remains so over the years that follow. Contrary to the market selection hypothesis, there is no evidence that productivity in the start year is systematically related to survival in the export market. There is no evidence of a negative impact of a smaller firm size in the start year on the chance of surviving in the export market. Starting with a higher share of exports in total sales, however, tends to increase the probability of continuing to export.

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File URL: http://hdl.handle.net/10.1080/13571516.2012.686010
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal International Journal of the Economics of Business.

Volume (Year): 19 (2012)
Issue (Month): 2 (July)
Pages: 169-193

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Handle: RePEc:taf:ijecbs:v:19:y:2012:i:2:p:169-193

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Cited by:
  1. João Amador & Luca David Opromolla, 2008. "Product and Destination Mix in Export Markets," Working Papers w200817, Banco de Portugal, Economics and Research Department.
  2. Mawuli Segnon & Thomas Lux, 2013. "Multifractal Models in Finance: Their Origin, Propterties, and Applications," Kiel Working Papers 1860, Kiel Institute for the World Economy.
  3. Wagner, Joachim, 2011. "Exports, Imports and Firm Survival: First Evidence for Manufacturing Enterprises in Germany," IZA Discussion Papers 5924, Institute for the Study of Labor (IZA).
  4. Görg, Holger & Spaliara, Marina-Eliza, 2013. "Export market exit, financial pressure and the crisis," CEPR Discussion Papers 9599, C.E.P.R. Discussion Papers.

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