ICT effects on firm’s export decisions: evidence for Colombian manufacturing

Andrés Mauricio Gomez-Sanchez, Juan A. Mañez and Juan Alberto Sanchis-Llopis
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Andrés Mauricio Gomez-Sanchez: Universidad del Cauca, Colombia.
Juan Alberto Sanchis-Llopis: Universidad de Valencia and ERICES, Valencia, España.

No 2303, Working Papers from Department of Applied Economics II, Universidad de Valencia

Abstract: The objective of this work is to explore the impact of ICT (using several indicators) on the firm’s export decision for Colombian manufacturing. To study this decision, we specify a model that accounts for sunk costs, firm previous experience in exporting and the impact of importing on exporting, and we estimate a dynamic (panel data) discrete model for the decision to export. To undertake this study, we merge three data bases at the firm level for Colombia: the Annual Manufacturing Survey (EAM), the Technological Development and Innovation Survey (EDIT) and the Annual ICT Manufacturing Survey (EAM-TIC), for the period 2013-2016. The results we obtain, show that ICT has a significant and positive impact on firm’s propensity to export, regardless the ICT category examined. Our work also confirms the existence of persistence on firm’s exports, self-selection, and depreciation of export experience. This evidence contributes to the scarce empirical literature on this topic for emerging economies, such as Colombia.

Keywords: ICT; Exports; Self-Selection; Panel Data; Emerging Economies. (search for similar items in EconPapers)
JEL-codes: C23 D22 F14 L16 L96 (search for similar items in EconPapers)
Date: 2023-03
New Economics Papers: this item is included in nep-cse, nep-ict, nep-int and nep-tid
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