 Innovation and exporting: Evidence from Spanish manufacturing firmsULB Institutional Repository from ULB -- Universite Libre de Bruxelles Abstract: This paper investigates the relationship between innovation and the export behavior of firms using data from a representative panel of Spanish firms over 1991-2002. It presents a simple theoretical model of the firm decision to export and innovate that guides the econometric analysis. Consistent with the predictions of the theoretical model, the econometric results suggest a positive effect of firm innovation on the probability of participation in export markets. The results further reveal the heterogeneous effects of different types of innovations on the firm export participation. In particular, product upgrading appears to have a larger effect on the firm export participation than the introduction of cost-saving innovations. These findings are robust to firm unobserved heterogeneity, dynamic specifications, and to the use of instrumental variables to control for the potential endogeneity between innovation and exporting. © 2010 Kiel Institute. Keywords: Exporting; Firm data; Innovation; R&D (search for similar items in EconPapers) Published in: Review of world economics (2010) v.146 n° 4,p.657-689 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ulb:ulbeco:2013/192285 Ordering information: This working paper can be ordered from Access Statistics for this paper More papers in ULB Institutional Repository from ULB -- Universite Libre de Bruxelles Contact information at EDIRC. |
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