Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/74947
Authors: 
Damijan, Jože P.
Kostevc, Črt
Year of Publication: 
2011
Series/Report no.: 
LICOS Discussion Paper 278
Abstract: 
This paper summarizes recent advances in the empirical research on firms' learning from trade participation and the role of finance in both starting to trade, surviving in export markets as well as expanding along the intensive and extensive trade margins. It highlights the increased importance of imports, which impacts at firms' perfirmance primarily through relaxed technological constraints by increasing firms' scope of inputs and by lowering their input price index. In addition, imports are shown to boost firms' innovation and introduction of new products, which facilitates firms' decisions to start exporting. Another important aspect that has been highlighted is the essential role of finance in furthering firms' survival and expansion in export markets.
Subjects: 
exports
learning-by-exports
export expansion
financial constraints
credit crunch
JEL: 
D24
F12
F14
Document Type: 
Working Paper

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