Exports, Investment and Production Growth : A Dynamic Heterogeneous Firm Model with Learning and Entry Costs

We analyze a fi rm's joint decision to export and invest using a model that incorporates the essential features of self-selection and learning-by-exporting theories of fi rm-level dynamics. We calibrate the model to 2002-07 Chilean manufacturing plant data and simulate it under different assumptions, finding that neither self-selection nor learning-by-exporting alone can adequately explain the observed cross-sectional relationship between firm level exports and capital, favoring instead a model that allows both mechanisms to work in tandem

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Year of publication:	2019
Authors:	Wu, Ruohan
Other Persons:	Miranda, Mario J. (contributor)
Publisher:	[2019]: [S.l.] : SSRN
Subject:	Theorie \| Theory \| Produktivität \| Productivity \| Investition \| Investment \| Lernprozess \| Learning process \| Markteintritt \| Market entry \| Export
Description of contents:	Abstract [papers.ssrn.com] ; Abstract [doi.org]