Exporter Dynamics and Partial-Year Effects

Exporter Dynamics and Partial-Year Effects

Two identical firms who start exporting in different months, one each in January and December, will report dramatically different exports for the first calendar year. This partial-year effect biases down first-year export levels and biases up first-year export growth rates. For Peruvian exporters, t...

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Bibliographic Details
Main Authors: Bernard, Andrew B., Boler, Esther Ann, Massari, Renzo, Reyes, Jose-Daniel, Taglioni, Daria
Format: Journal Article
Published: American Economic Association 2017
Subjects:
EXPORT COMPETITIVENESS
TRADE
FIRM ENTRY
Online Access:http://hdl.handle.net/10986/29061
id okr-10986-29061
recordtype oai_dc
spelling okr-10986-290612021-05-25T10:54:42Z Exporter Dynamics and Partial-Year Effects Bernard, Andrew B. Boler, Esther Ann Massari, Renzo Reyes, Jose-Daniel Taglioni, Daria EXPORT COMPETITIVENESS TRADE FIRM ENTRY Two identical firms who start exporting in different months, one each in January and December, will report dramatically different exports for the first calendar year. This partial-year effect biases down first-year export levels and biases up first-year export growth rates. For Peruvian exporters, the partial-year bias is large: first-year export levels are understated by 54 percent and the first-year growth rate is overstated by 112 percentage points. Correcting the partial-year effect dramatically reduces first-year export growth rates, raises initial export levels, and almost doubles the contribution of net firm entry and exit to overall export growth. 2017-12-20T17:32:35Z 2017-12-20T17:32:35Z 2017-10 Journal Article American Economic Review 0002-8282 http://hdl.handle.net/10986/29061 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo American Economic Association American Economic Association Publications & Research :: Journal Article Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
topic EXPORT COMPETITIVENESS
TRADE
FIRM ENTRY
spellingShingle EXPORT COMPETITIVENESS
TRADE
FIRM ENTRY
Bernard, Andrew B.
Boler, Esther Ann
Massari, Renzo
Reyes, Jose-Daniel
Taglioni, Daria
Exporter Dynamics and Partial-Year Effects
description Two identical firms who start exporting in different months, one each in January and December, will report dramatically different exports for the first calendar year. This partial-year effect biases down first-year export levels and biases up first-year export growth rates. For Peruvian exporters, the partial-year bias is large: first-year export levels are understated by 54 percent and the first-year growth rate is overstated by 112 percentage points. Correcting the partial-year effect dramatically reduces first-year export growth rates, raises initial export levels, and almost doubles the contribution of net firm entry and exit to overall export growth.
format Journal Article
author Bernard, Andrew B.
Boler, Esther Ann
Massari, Renzo
Reyes, Jose-Daniel
Taglioni, Daria
author_facet Bernard, Andrew B.
Boler, Esther Ann
Massari, Renzo
Reyes, Jose-Daniel
Taglioni, Daria
author_sort Bernard, Andrew B.
title Exporter Dynamics and Partial-Year Effects
title_short Exporter Dynamics and Partial-Year Effects
title_full Exporter Dynamics and Partial-Year Effects
title_fullStr Exporter Dynamics and Partial-Year Effects
title_full_unstemmed Exporter Dynamics and Partial-Year Effects
title_sort exporter dynamics and partial-year effects
publisher American Economic Association
publishDate 2017
url http://hdl.handle.net/10986/29061
_version_ 1764468398141472768

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