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Kiel Institute for World Economics Kiel Working Papers, Kiel Institute for World Economics

No 1399:
What makes a successful export?

Holger Görg, Richard Kneller and Balázs Muraközy

Abstract: We analyse a very rich and unique panel database which provides information on exports at the firm-product level. A stylised fact in the data is that many firms add as well as drop products from the export mix in any given year. Motivated by recent theory we investigate what determines the survival of products in the export mix. Estimating hazard models we find evidence that is consistent with the view that characteristics of the product as well as that of the firm matter. This suggests, in line with theory, that there are firm- as well as firm-product specific competencies that are important for shaping firms’ export mix.

Keywords: export mix, product level, product survival, competencies; (follow links to similar papers)

JEL-Codes: F12,; F14; (follow links to similar papers)

35 pages, February 2008

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