Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/89272
Authors: 
Serti, Francesco
Tomasi, Chiara
Year of Publication: 
2009
Series/Report no.: 
LEM Working Paper Series 2009/18
Abstract: 
How are firms' performances influenced by the specific characteristics of markets where exports are directed and imports originate from? Using a rich database on Italian manufacturing firms, this essay adds new evidence on the relationship between trade status and firm characteristics. First, exploiting firm-level information on the destination of export and the origin of imports, we observe the heterogeneity among firms trading with different type of markets. We show that different destinations of exports and different origins of imports map into distinctive firm characteristics. Second, we test the hypothesis that the self-selection mechanisms occur market to market. We observe that firms exporting to and importing from high income countries face higher sunk costs than those trading with less developed markets. Third, we investigate the underlying sources of these ex-ante differences by looking at how countries' characteristics such as population, exchange rate, productivity and distance may impact on firms' performances.
Subjects: 
heterogeneous firms
exports
imports
productivity
market of destination and origin
JEL: 
F10
F16
J21
Document Type: 
Working Paper

Files in This Item:
File
Size
358.33 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.