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Thus, it is the possibility of profitable expansion at both the intensive and extensive margins what makes incurring the sunk costs to enter a single foreign market worthwhile despite the high failure rates. Using a census of Argentinean firm-level manufacturing exports from 2002 to 2007, we...
Persistent link: https://www.econbiz.de/10011004628
We document the patterns of entry and sales growth for Irish plants in both domestic and export markets. Our findings are similar to those for other countries. Entrants in both domestic and export markets have a high hazard of exit, though survivors grow more rapidly than incumbents. We find a...
Persistent link: https://www.econbiz.de/10010554429