Journal Article
Exporters in the Financial Crisis
National Institute Economic Review, 228(1): R49-R57
Authors
Publication Date
DOI
JEL Classification
F1
G3
L2
Key Words
Related Topics
International Trade
Economic & Financial Crises
Using a large panel of UK manufacturing firms over the period 2000—2009, 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.
