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One-off Export Events

Author

Listed:
  • Ingo Geishecker

    (European University Viadrina, Faculty of Business Administration and Economics, Germany)

  • Philipp J.H. Schröder

    () (Department of Economics and Business Economics, Aarhus University, Denmark)

  • Allan Sørensen

    () (Department of Economics and Business Economics, Aarhus University, Denmark)

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 firm-product-destination 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., 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 Sørensen, 2018. "One-off Export Events," Economics Working Papers 2018-05, Department of Economics and Business Economics, Aarhus University.
  • Handle: RePEc:aah:aarhec:2018-05
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    References listed on IDEAS

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    Cited by:

    1. Wagner, Joachim, 2018. "Temporary exports and characteristics of destination countries: First evidence from German transaction data," Economics - The Open-Access, Open-Assessment E-Journal, Kiel Institute for the World Economy (IfW), vol. 12, pages 1-12.
    2. 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.

    More about this item

    Keywords

    Research Passive exporting; proactive exporting; uncolicited export orders; export duration; temporary trade; monthly data; transactions data; rm-level data; heterogeneous rms;

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General

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