Bernard, Andrew B., Massari, Renzo, Reyes, Jose-Daniel and Taglioni, Daria (2016) Exporter dynamics and partial-year effects. CEP Discussion Paper (1430). London School of Economics and Political Science. Centre for Economic Performance, London, UK.
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Abstract
Two identical firms that 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 partialyear bias is large: first-year export levels are understated by 65 percent and the first year growth rate is overstated by 112 percentage points. Correcting the partial-year effect eliminates high first year export growth rates, raises initial export levels and almost doubles the contribution of net firm entry and exit to overall export growth.
| Item Type: | Monograph (Discussion Paper) |
|---|---|
| Official URL: | http://cep.lse.ac.uk/ |
| Additional Information: | © 2016 The Authors |
| Divisions: | Centre for Economic Performance |
| Subjects: | H Social Sciences > HG Finance |
| JEL classification: | C - Mathematical and Quantitative Methods > C8 - Data Collection and Data Estimation Methodology; Computer Programs > C81 - Methodology for Collecting, Estimating, and Organizing Microeconomic Data F - International Economics > F1 - Trade > F14 - Country and Industry Studies of Trade |
| Date Deposited: | 09 Sep 2016 10:12 |
| Last Modified: | 13 Sep 2024 20:35 |
| Funders: | Economic and Social Research Council, Economic and Social Research Council |
| URI: | http://eprints.lse.ac.uk/id/eprint/67656 |
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