Exporter dynamics and partial-year effects

Andrew Bernard, Renzo Massari, José-Daniel Reyes and Daria Taglioni ()

CEP Discussion Papers from Centre for Economic Performance, LSE

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 partial-year 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.

Keywords: export entry; export growth; margins of trade; heterogeneous firms (search for similar items in EconPapers)
JEL-codes: C81 D22 F14 (search for similar items in EconPapers)
Date: 2016-05-09
New Economics Papers: this item is included in nep-ent and nep-int
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Citations: View citations in EconPapers (4)

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Related works:
Journal Article: Exporter Dynamics and Partial-Year Effects (2017)
Working Paper: Exporter dynamics and partial-year effects (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:cep:cepdps:dp1430

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