The Effect of Productivity on French Manufacturing Firms’ Export-Initiation Timing: Evidence from Duration Models
(2024) EOSK12 20241Department of Economic History
- Abstract
- This paper investigates empirically the extent to which the time-horizon between firms’ formation and initial export activity is determined by their productivity. To this end, discrete-time duration models with time-varying covariates are employed on a sample of French fabricated metal manufacturing firms: The Cox Proportional Hazards, Weibull, and Exponential model. Controlling for industry effects, productivity is found to significantly shorten the formation-to-export time-span, as are firms’ resources in terms of labour and investment into physical capital. Further, findings indicate that firms which enter markets later tend to initiate ex
ports faster. Conversely, more capital-intensive firms appear to initiate exports more slowly.... (More) - This paper investigates empirically the extent to which the time-horizon between firms’ formation and initial export activity is determined by their productivity. To this end, discrete-time duration models with time-varying covariates are employed on a sample of French fabricated metal manufacturing firms: The Cox Proportional Hazards, Weibull, and Exponential model. Controlling for industry effects, productivity is found to significantly shorten the formation-to-export time-span, as are firms’ resources in terms of labour and investment into physical capital. Further, findings indicate that firms which enter markets later tend to initiate ex
ports faster. Conversely, more capital-intensive firms appear to initiate exports more slowly. Various methodological concerns are raised, which have thus far not yet received attention. Specifically, the treatment of market-exit as a competing event, and the treatment of export-initiation as an event subject to a cure proportion are yet to be implemented in duration analyses of firms’ pre-export time-span. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9167596
- author
- Schumann, Calvin Joshua LU
- supervisor
- organization
- course
- EOSK12 20241
- year
- 2024
- type
- M2 - Bachelor Degree
- subject
- keywords
- Export Initiation, Market Entry Timing, Internationalization, Productivity, Duration Models
- language
- English
- id
- 9167596
- date added to LUP
- 2024-06-24 12:17:44
- date last changed
- 2024-12-10 14:25:25
@misc{9167596, abstract = {{This paper investigates empirically the extent to which the time-horizon between firms’ formation and initial export activity is determined by their productivity. To this end, discrete-time duration models with time-varying covariates are employed on a sample of French fabricated metal manufacturing firms: The Cox Proportional Hazards, Weibull, and Exponential model. Controlling for industry effects, productivity is found to significantly shorten the formation-to-export time-span, as are firms’ resources in terms of labour and investment into physical capital. Further, findings indicate that firms which enter markets later tend to initiate ex ports faster. Conversely, more capital-intensive firms appear to initiate exports more slowly. Various methodological concerns are raised, which have thus far not yet received attention. Specifically, the treatment of market-exit as a competing event, and the treatment of export-initiation as an event subject to a cure proportion are yet to be implemented in duration analyses of firms’ pre-export time-span.}}, author = {{Schumann, Calvin Joshua}}, language = {{eng}}, note = {{Student Paper}}, title = {{The Effect of Productivity on French Manufacturing Firms’ Export-Initiation Timing: Evidence from Duration Models}}, year = {{2024}}, }