Geishecker, Ingo Schröder, Philipp Sørensen, Allan
Year of Publication:
Beiträge zur Jahrestagung des Vereins für Socialpolitik 2017: Alternative Geld- und Finanzarchitekturen - Session: International Trade and Trade Reforms I A14-V2
An astonishing 33 % of all export spells in Danish data turn out to be isolated single-month one-off export transactions. On average, for an export-active firm, one-off events generate 17 % of foreign sales. These patterns do not sit well with available trade models. To reconcile theory with the data, we introduce passive (i.e., buyer-side driven) exporting. Our empirical investigation establishes novel stylized facts on firm and destination characteristics associated with one-off exporting.