IDEAS home Printed from https://ideas.repec.org/p/eti/rdpsjp/12025.html
   My bibliography  Save this paper

Information and Export Decisions: Banks as a conduit of information (Japanese)

Author

Listed:
  • INUI Tomohiko
  • ITO Keiko
  • MIYAKAWA Daisuke
  • SHOJI Keishi

Abstract

This paper examines how firms' decision to start exporting is affected by the availability of information on export markets. Unlike existing studies which focus on information sharing among firms, we examine the information provided by firms' top lender banks (main banks). Specifically, using a unique dataset containing information on both Japanese firms' export activities and their main banks' experience in transacting with other exporting firms, we study whether main banks act as a conduit of information on export markets. We find that information spillovers through main banks positively affect client firms' decision to start exporting (extensive margin), implying that information on foreign markets provided by banks substantially reduces the fixed entry cost of exporting. On the other hand, we do not find any evidence that information provided by banks has an effect on the export volume or on the growth rate of exports (intensive margin). Our results highlight that channels of information spillovers other than those examined in the literature hitherto may be of considerable importance.

Suggested Citation

  • INUI Tomohiko & ITO Keiko & MIYAKAWA Daisuke & SHOJI Keishi, 2012. "Information and Export Decisions: Banks as a conduit of information (Japanese)," Discussion Papers (Japanese) 12025, Research Institute of Economy, Trade and Industry (RIETI).
  • Handle: RePEc:eti:rdpsjp:12025
    as

    Download full text from publisher

    File URL: https://www.rieti.go.jp/jp/publications/dp/12j025.pdf
    Download Restriction: no

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eti:rdpsjp:12025. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (KUMAGAI, Akiko). General contact details of provider: http://edirc.repec.org/data/rietijp.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.