Exports and firm survival in times of COVID-19 – Evidence from eight European countries

Joachim Wagner ()
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Joachim Wagner: Leuphana Universität Lüneburg, Institut für Volkswirtschaftslehre and Kiel Centre for Globalization

No 422, Working Paper Series in Economics from University of Lüneburg, Institute of Economics

Abstract: This paper uses firm level data from the World Bank Enterprise surveys conducted in 2019 and from the COVID-19 follow-up surveys conducted in 2020 in eight European countries to investigate the link between exporting before the pandemic and firm survival until 2020. The estimated effect of exports is positive and statistically significant ceteris paribus after controlling for various firm characteristics that are known to be related to firm survival. Furthermore, the size of this estimated effect can be considered to be large on average. Exporting helped firms to survive.

Keywords: Exports; firm survival; COVID-19; World Bank Enterprise Surveys; Robit regression (search for similar items in EconPapers)
JEL-codes: D22 F14 L20 L25 L29 (search for similar items in EconPapers)
Pages: 14 pages
Date: 2023-10
New Economics Papers: this item is included in nep-bec, nep-eec, nep-ent, nep-int and nep-sbm
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