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Working Papers in Applied Economics

Francisco Requena Silvente, Guadalupe Serrano and Raúl Mínguez
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Guadalupe Serrano: Universitat de València, Valencia, Spain
Raúl Mínguez: Chamber of Commerce of Spain & Universidad Nebrija, Madrid, Spain

No 2114, Working Papers from Department of Applied Economics II, Universidad de Valencia

Abstract: Using the universe of Spanish first-time exporters selling manufactured products over the period 1997-2018, we show that import experience is associated with higher survival rates in the export markets, and conditioning on survival, a higher growth rate of their exports. In both cases, the highest impact is obtained when firms start simultanouely exporting and importing. Import experience improves general knowledge about foreign markets but it is not market-specific. Post-entry success in terms of survival and persistent growth rises if new exporters are large importers and if they buy intermediate inputs from competitive foreign suppliers.

Keywords: First-time exporters; import experience; export survival; export growth (search for similar items in EconPapers)
JEL-codes: F14 F23 L25 (search for similar items in EconPapers)
Date: 2021-12
New Economics Papers: this item is included in nep-int
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