The dynamic linkages among exports, R&D and productivity
Juan A. Mañez,
María E. Rochina-Barrachina and
Juan A. Sanchis-Llopis
Additional contact information
María E. Rochina-Barrachina: University of Valencia and ERICES
Juan A. Sanchis-Llopis: University of Valencia and ERICES
Authors registered in the RePEc Author Service: Juan A. Sanchis Llopis () and
Maria Engracia Rochina Barrachina
No 1308, Working Papers from Department of Applied Economics II, Universidad de Valencia
This paper estimates a dynamic model of a firm’s decision to export and invest in R&D, in which we allow past export and R&D experience to endogenously affect productivity. In our empirical strategy we proceed in two steps: in the first step, using as starting point the traditional control approach method to estimate total factor productivity, we consider a more general process driving the law of motion of productivity in which we recognise the potential role that export and R&D experience might have in shaping future firms’ productivity, and test whether this assumption holds; in the second step, we estimate a bivariate dynamic model of the firm’s decision to invest in R&D and export, in which we analyse the linkages among investing in R&D, exporting and productivity. Using a representative sample of Spanish manufacturing firms for the period 1990- 2009 we find that both export and R&D positively affect future productivity, which will drive more firms to self-select in those activities.
Keywords: export experience; R&D experience; endogenous Markov; Total Factor Productivity; learning-by-exporting; returns to innovation; GMM; dynamic bivariate probit (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cse, nep-eff, nep-ino and nep-int
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
ftp://220.127.116.11/RePEc/pdf/eec_1308.pdf First version, 2013 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Failed to connect to FTP server 18.104.22.168: A connection attempt failed because the connected party did not properly respond after a period of time, or established connection failed because connected host has failed to respond.
Journal Article: The Dynamic Linkages Among Exports, R&D and Productivity (2015)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eec:wpaper:1308
Access Statistics for this paper
More papers in Working Papers from Department of Applied Economics II, Universidad de Valencia Contact information at EDIRC.
Bibliographic data for series maintained by Vicente Esteve ().