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Exporters in the Financial Crisis

Published online by Cambridge University Press:  01 January 2020

Holger Görg
Affiliation:
Kiel Institute for the World Economy and Christian-Albrechts-University of Kiel
Marina-Eliza Spaliara*
Affiliation:
University of Glasgow and Kiel Institute for the World Economy

Abstract

Using a large panel of UK manufacturing firms over the period 2000–9, we consider how firms responded during the most recent financial crisis, estimating models for export market participation decisions and firm growth and survival. The results indicate that financial variables are highly important in predicting export market entry, especially in the midst of the global financial crisis. With respect to firm growth and survival, we find that starters and continuous exporters are more likely to perform well in and out of the crisis than non-exporters.

Type
Research Articles
Copyright
Copyright © 2014 National Institute of Economic and Social Research

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Footnotes

We would like to thank Rebecca Riley and two anonymous referees for helpful comments and suggestions on an earlier draft of the paper.

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