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Exports and firm survival in times of COVID-19: Evidence from eight European countries

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  • Wagner, Joachim

Abstract

This paper uses firm level data from the World Bank Enterprise surveys conducted in 2019 and from the COVID-19 follow-up surveys conducted in 2020 in eight European countries to investigate the link between exporting before the pandemic and firm survival until 2020. The estimated effect of exports is positive and statistically significant ceteris paribus after controlling for various firm characteristics that are known to be related to firm survival. Furthermore, the size of this estimated effect can be considered to be large on average. Exporting helped firms to survive.

Suggested Citation

  • Wagner, Joachim, 2023. "Exports and firm survival in times of COVID-19: Evidence from eight European countries," KCG Working Papers 29, Kiel Centre for Globalization (KCG).
    • Handle: RePEc:zbw:kcgwps:279794
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    File URL: https://www.econstor.eu/bitstream/10419/279794/1/1869963814.pdf
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    References listed on IDEAS

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    1. Roger B. Newson & Milena Falcaro, 2023. "Robit regression in Stata," Stata Journal, StataCorp LP, vol. 23(3), pages 658-682, September.
    2. Joachim Wagner, 2016. "Exports, Imports and Firm Survival: First Evidence for Manufacturing Enterprises in Germany," World Scientific Book Chapters, in: Microeconometrics of International Trade, chapter 10, pages 341-367, World Scientific Publishing Co. Pte. Ltd..
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    More about this item

    Keywords

    Exports; firm survival; COVID-19; World Bank Enterprise Surveys; Robit regression;
    All these keywords.

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L29 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Other

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