Financial health, exports, and firm survival: A comparison of British and French firms
Görg, Holger and
Marina-Eliza Spaliara
Authors registered in the RePEc Author Service: Holger Görg
No 7532, CEPR Discussion Papers from C.E.P.R. Discussion Papers
Abstract:
We examine the differential effects of financial status and exporting activity on the likelihood of survival for firms in the UK and France - two countries with different financial systems. We aim to answer two main questions: What is the direct impact of financial characteristics and different facets of exporting activity on the likelihood of survival? Do the sensitivities of survival incidence to financial variables vary with the exporting status of firms? We find strong evidence that continuous exporters face a higher probability of survival compared to starters, continuous non-exporters and firms exiting the exporting market. Further, important sensitivities of survival prospects to financial indicators are observed for the UK firms which might be explained by the "market based" economy. Finally, a within and across countries comparison reveals that the survival of exporting groups varies substantially depending on firms' financial status, the financial system and the prolonged participation in the export market.
Keywords: Exports; Financial health; Firm survival (search for similar items in EconPapers)
JEL-codes: F1 G3 L2 (search for similar items in EconPapers)
Date: 2009-11
New Economics Papers: this item is included in nep-eec and nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (18)
Downloads: (external link)
https://cepr.org/publications/DP7532 (application/pdf)
CEPR Discussion Papers are free to download for our researchers, subscribers and members. If you fall into one of these categories but have trouble downloading our papers, please contact us at subscribers@cepr.org
Related works:
Working Paper: Financial health, exports, and firm survival: A comparison of British and French firms (2010) 
Working Paper: Financial health, exports, and firm survival: A comparison of British and French firms (2009) 
Working Paper: Financial health, exports and firm survival: a comparison of British and French firms (2009) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:cpr:ceprdp:7532
Ordering information: This working paper can be ordered from
https://cepr.org/publications/DP7532
Access Statistics for this paper
More papers in CEPR Discussion Papers from C.E.P.R. Discussion Papers Centre for Economic Policy Research, 33 Great Sutton Street, London EC1V 0DX.
Bibliographic data for series maintained by ().