Productivity Before and After Exports: The Case of Korean Food Processing Firms

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英文文献：Productivity Before and After Exports: The Case of Korean Food Processing Firms
英文文献作者：Gopinath, Munisamy,Kim, Hanho,Kim, Sooil
英文文献摘要：
In this article, we analyze the export decision of Korean manufacturing firms with emphasis on those in the food processing sector. A dynamic discrete choice model based on sunk (entry or exit) costs is specified for export behavior. Data for 1996-2002 on 1022 Korean firms, of which 95 are in the food processing sector, are assembled. A nonparametric measure of firm productivity is derived for use in the export-behavior (probit) model. Results show the significant effects of sunk costs on the export decision of Korean firms. A firm-size effect on export behavior is identified for food processing firms, unlike in the case of their manufacturing counterparts. We also find a firm-size effect on productivity in all manufacturing firms.

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