Export Growth in Colombia: Firm-Level Evidence
AbstractUsing transactions-level customs data from Colombia, we study firm-specific exporting patterns over the period 1996-2005. Our data allow us to track firms’ entry and exit into and out of individual destination markets, as well their revenues from selling there. Our results support findings from previous work: Exporters are very heterogeneous in terms of their size and the number of destinations where they sell. Since previous studies have not been able to use data on firms entering and leaving individual export markets, they have been unable to study patterns of entry and exit. The panel data in the current study provide information on how exports by individual firms to specific destinations evolve over time. While many firms enter and exit from exporting, these firms tend to be small in terms of their overall contribution to export revenues. Export sales are dominated by a small number of very large and stable exporters. In terms of the life cycle of exporting firms, most entering firms leave after one year of exporting. A small minority go on to become stable incumbents.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Banco de la Republica de Colombia in its series Borradores de Economia with number 446.
Date of creation:
Date of revision:
Transactions; exports; incumbent; entry; exit. Classification JEL: F14; F19; D23; D29.;
Find related papers by JEL classification:
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- F19 - International Economics - - Trade - - - Other
- D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-09-02 (All new papers)
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Olivier Cadot & Leonardo Iacovone & Denisse Pierola & Ferdinand Rauch, 2011.
"Success and Failure of African Exporters,"
CEP Discussion Papers, Centre for Economic Performance, LSE
dp1054, Centre for Economic Performance, LSE.
- George Alessandria & Horag Choi, 2011.
"Establishment heterogeneity, exporter dynamics, and the effects of trade liberalization,"
11-19, Federal Reserve Bank of Philadelphia.
- George Alessandria & Horag Choi, 2007. "Establishment heterogeneity, exporter dynamics, and the effects of trade liberalization," Working Papers 07-17, Federal Reserve Bank of Philadelphia.
- Zahler, Andrés, 2007. "Decomposing world export growth and the relevance of new destinations," MPRA Paper 30295, University Library of Munich, Germany.
- Stirbat, Liviu & Record, Richard & Nghardsaysone, Konesawang, 2011. "Exporting from a small landlocked economy : an assessment of firm-product-destination survival rates in the Lao PDR," Policy Research Working Paper Series 5695, The World Bank.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Camilo Millán).
If references are entirely missing, you can add them using this form.