Geographical and industrial spillovers in entry decisions across export markets

This paper addresses sequential entry decisions in export markets. It focuses on externalities derived from previous export activity in countries close to those for which a potential entry decision is taken (geographical spillovers) and externalities derived from previous presence of other firms in...

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Detalles Bibliográficos
Autores: Muñoz Sepúlveda, Jesús Ángel, Rodríguez Rodríguez, Diego Antonio
Tipo de recurso: informe técnico
Fecha de publicación:2014
País:España
Institución:Universidad Complutense de Madrid (UCM)
Repositorio:Docta Complutense
Idioma:inglés
OAI Identifier:oai:docta.ucm.es:20.500.14352/41705
Acceso en línea:https://hdl.handle.net/20.500.14352/41705
Access Level:acceso abierto
Palabra clave:F10
F14
Sequential entry
Spillovers
Export activity
Firm heterogeneity
Comercio
Econometría (Economía)
Empresas
5304.03 Comercio exterior
5302 Econometría
5311 Organización y Dirección de Empresas
Descripción
Sumario:This paper addresses sequential entry decisions in export markets. It focuses on externalities derived from previous export activity in countries close to those for which a potential entry decision is taken (geographical spillovers) and externalities derived from previous presence of other firms in the same industry (industrial spillovers). The empirical analysis uses Spanish microdata for the period 2000-2010 in a firm decision model that also integrates country and firm characteristics. The results suggest the positive effect of both geographical and industrial spillovers to explain entry decisions in export markets, though both are smaller in magnitude than the effects coming from previous presence.