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One-off export events

Author

Listed:
  • Ingo Geishecker
  • Philipp J. H. Schröder
  • Allan Srensen

Abstract

Isolated single-month, one-off export transactions (observed once in a 49-month window) turn out to be the dominant spell length in granular firmproductdestination trade data. Moreover, on average, for an export-active firm, such one-off events generate a significant part of foreign sales. These patterns cannot be explained by the lumpiness of trade (e.g., seasonal shipments), nor do they sit well with available trade models. To reconcile theory with the data, we introduce passive (i.e., unsolicited buyer-side driven) exporting in addition to proactive exporting. Our empirical investigation establishes novel stylized facts on firm and destination characteristics associated with one-off exporting.

Suggested Citation

  • Ingo Geishecker & Philipp J. H. Schröder & Allan Srensen, 2019. "One-off export events," Canadian Journal of Economics, Canadian Economics Association, vol. 52(1), pages 93-131, February.
  • Handle: RePEc:cje:issued:v:52:y:2019:i:1:p:93-131
    DOI: 10.1111/caje.12367
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    Cited by:

    1. Arnarson, Björn Thor, 2020. "The superstar and the followers: Intra-firm product complementarity in international trade," Journal of Economic Behavior & Organization, Elsevier, vol. 177(C), pages 277-304.
    2. Kasahara, Hiroyuki & Tang, Heiwai, 2019. "Excessive entry and exit in export markets," Journal of the Japanese and International Economies, Elsevier, vol. 53(C), pages 1-1.
    3. Micocci, Francesca & Rungi, Armando, 2023. "Predicting Exporters with Machine Learning," World Trade Review, Cambridge University Press, vol. 22(5), pages 584-607, December.
    4. Zhang, Chaoshuai & Qiu, Peng & Zhang, Liang & Hong, Xiaoyu & Wang, Dingqing, 2024. "The impact of digital transformation on enterprises' export stability: Evidence from listed companies in China," International Review of Financial Analysis, Elsevier, vol. 96(PA).
    5. M. Scott Taylor, "undated". "Trade and the Environment: New Methods, Measurements, and Results NBER Working Paper No. 22636," Working Papers 2016-46, Department of Economics, University of Calgary, revised 01 Dec 2016.
    6. Child, John & Karmowska, Joanna & Shenkar, Oded, 2022. "The role of context in SME internationalization – A review," Journal of World Business, Elsevier, vol. 57(1).
    7. Marcel Berg & Ahmed Boutorat & Loe Franssen & Angie Mounir, 2022. "Intermittent exporting: unusual business or business as usual?," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 158(4), pages 1173-1198, November.
    8. Stefano Costa & Federico Sallusti & Claudio Vicarelli & Davide Zurlo, 2022. "Tech on the ROC: export threshold and technology adoption interacted," Small Business Economics, Springer, vol. 59(4), pages 1593-1611, December.
    9. Bjørnskov, Christian & Schröder, Philipp J.H., 2023. "Press freedom, market information, and international trade," European Journal of Political Economy, Elsevier, vol. 76(C).
    10. Wagner, Joachim, 2018. "Temporary exports and characteristics of destination countries: First evidence from German transaction data," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 12, pages 1-12.
    11. Ye, Xinjian & Lai, Mingyong & Xiao, Hao & Zhou, Dinggen, 2024. "Waves or ripples: African countries risk shocks and the survival of Chinese exports to Africa," China Economic Review, Elsevier, vol. 88(C).

    More about this item

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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