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The Role of Uncertainty for Export Survival: Evidence from Estonia
2015
Social Science Research Network
Export growth requires not only entry into new markets, but also the survival of trade flows. This paper analyses the role of initial product export share and product differentiation in Estonian manufacturing export survival. For this purpose, detailed firm-product-destination level export data is used from 1995-2011. The data show that adding and dropping new products is rife, about half of the firms change their export portfolio annually, but the average export flow duration remains modest at
doi:10.2139/ssrn.2607462
fatcat:qa72sigwnvepxif73rp62q4u2i