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Financial health, exports, and firm survival: Evidence from UK and French firms

  • Holger Gőrg
  • Marina-Eliza Spaliara

We use firm level data to assess the role of exporting in the link between financial health and firm survival. The data are for the UK and France. We examine whether firms at different stages of export activity (starters, exiters, continuers, switchers) react differently to changes in financial variables. In general, export starters and exiters experience much stronger adverse effects of financial constraints for their survival prospects. By contrast, the exit probability of continuous exporters and export switchers is less negatively affected by financial characteristics. These relationships between exporting, finance and survival are broadly similar in the British and French sub-samples.

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Paper provided by Business School - Economics, University of Glasgow in its series Working Papers with number 2012_09.

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Date of creation: May 2012
Date of revision:
Handle: RePEc:gla:glaewp:2012_09
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