Market Expansion and Productivity Growth: Do New Domestic Markets Matter As Much As New International Markets?
AbstractThis paper asks how market expansion contributes to productivity growth. It investigates whether entry to both new international markets and new domestic markets is associated with greater productivity growth. It also examines whether exit from export markets is necessarily associated with deteriorating performance or whether it too can lead to success when associated with movements to new markets. Finally, the paper examines the strategy of firms that move to new markets after they withdraw from export markets in order to examine the differences that set them apart from their counterparts that do not find themselves able to adapt because they simply withdraw to their home domestic markets.
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Bibliographic InfoPaper provided by Statistics Canada, Analytical Studies Branch in its series Economic Analysis (EA) Research Paper Series with number 2012078e.
Date of creation: 20 Mar 2012
Date of revision:
International trade; Manufacturing; Business performance and ownership; Economic accounts; Merchandise exports; Business adaptation and adjustment; Merchandise imports; Productivity accounts; Trade patterns;
Other versions of this item:
- John Baldwin & Beiling Yan, 2012. "Market Expansion and Productivity Growth: Do New Domestic Markets Matter as Much as New International Markets?," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 21(2), pages 469-491, 06.
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