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Los márgenes del crecimiento de las exportaciones españolas antes y después de la Gran Recesión /Spanish Trade Margins before and after the Great Recession

Author

Listed:
  • DE LUCIO, JUAN

    () (Universidad Nebrija, Facultad de Ciencias Sociales, C/ De Santa Cruz de Marcenado, 27, 28015 Madrid, España.)

  • MÍNGUEZ, RAÚL

    () (Universidad Nebrija, Facultad de Ciencias Sociales, C/ De Santa Cruz de Marcenado, 27, 28015 Madrid, España.)

  • MINONDO, ASIER

    () (Deusto Business School, UNIVERSIDAD DE DEUSTO, ESPAÑA.)

  • REQUENA, FRANCISCO

    () (Universidad de Valencia, Facultad de Economía, Avda. dels Tarongers s/n,46022 Valencia, España.)

Abstract

Después de la Gran Recesión de 2008-2009, la evolución de las exportaciones españolas ha sido positiva. Algunos analistas atribuyen este comportamiento al incremento de la base exportadora. Para validar esta hipótesis, realizamos una descomposición del crecimiento de las exportaciones españolas por márgenes en el periodo 1997-2015. Los datos muestran que la contribución de la base exportadora ha disminuido paulatinamente durante todo el intervalo analizado, incluso en el periodo posterior a la Gran Recesión. Además, la evolución de la base exportadora se caracteriza por una caída paulatina tanto de la tasa de supervivencia de las empresas entrantes como del valor por transacción de las empresas nuevas en los mercados exteriores. Por último, el papel de la entrada neta sigue siendo importante en el crecimiento de las exportaciones a largo plazo; pero, la mayor parte de su contribución se concentra en un número reducido de empresas. After the 2008-2009 Great Recession, the Spanish exports development has been positive. Some analysts attribute this behavior to the increasing number of exporting firms. To validate this hypothesis, we performed a decomposition of Spanish exports growth along the 1997-2015 period. Data show that the contribution of new exporting firms has gradually decreased, even in the period after the Great Recession. In addition, the evolution of firms in international markets is characterized by a gradual fall in both the survival rate of incoming firms and the value per transaction of new firms in foreign markets. Finally, the role of net inflow remains important for long-term export growth; but most of its contribution is concentrated in a small number of companies.

Suggested Citation

  • De Lucio, Juan & Mínguez, Raúl & Minondo, Asier & Requena, Francisco, 2017. "Los márgenes del crecimiento de las exportaciones españolas antes y después de la Gran Recesión /Spanish Trade Margins before and after the Great Recession," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 35, pages 43-62, Enero.
  • Handle: RePEc:lrk:eeaart:35_1_3
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    References listed on IDEAS

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    Cited by:

    1. Jorge Salas, 2018. "Drivers of Spain’s Export Performance and the Role of the Labor Market Reforms," IMF Working Papers 18/283, International Monetary Fund.
    2. Álvarez López, M.ª Elisa & Vega Crespo, Josefa, 2017. "La fortaleza competitiva de la economía española/The Competitive Strength of the Spanish Economy," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 35, pages 7-34, Enero.

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    More about this item

    Keywords

    Crecimiento de las exportaciones; comercio internacional; margen extensivo; margen intensivo; entrada neta de empresas; concentración de las exportaciones; supervivencia ; Export Growth; International Trade; Extensive Margin; Intensive Margin; Net Inflow of Firms; Concentration of Exports; Survival.;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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