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Exporter Firms Behaviour, Evidence From Portuguese Firms Using Microdata

Author

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  • Luís Pedro Manso Machado

Abstract

The combination of a high quality and universal firm level database for Portugal allows the detailed study of firm's behaviour. We use BPlim’s harmonized Central Balance Sheet panel for the period of 2006 to 2015 to evaluate the different behaviour of exporters and non-exporters in Portugal. We follow on the self-selection and learning-by-exporting literature, estimating several exporter productivity premiums. After finding solid evidence of a productivity advantage of exporters compared to non-exporters, which seems to emerge several years before firms start to export, we expand our study in order to explore the causality of the previous findings. Thus, we estimate a logit fixed effects model to assess the impact of several variables in the export propensity of a firm. We corroborate the self-selection theory, given the significance of labour productivity in probability of a firm exporting, as well, as significant effects of firm absolute size, relative market share, sector concentration and investment.

Suggested Citation

  • Luís Pedro Manso Machado, 2019. "Exporter Firms Behaviour, Evidence From Portuguese Firms Using Microdata," GEE Papers 0136, Gabinete de Estratégia e Estudos, Ministério da Economia, revised Nov 2019.
  • Handle: RePEc:mde:wpaper:0136
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    File URL: https://www.gee.gov.pt//RePEc/WorkingPapers/GEE_PAPERS_136.pdf
    File Function: First version, 2019
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    More about this item

    Keywords

    Fixed Effects Models; Panel Data; Firm Behaviour; Exports; International Trade; Self-selection;
    All these keywords.

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • F10 - International Economics - - Trade - - - General
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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