Productividad de las empresas y papel de los costes irrecuperables en la elección de mercados lejanosevidencia para las industrias manufactureras españolas
- Blanes Cristóbal, José Vicente
- Milgram Baleix, Juliette
ISSN: 0422-2784
Year of publication: 2009
Issue Title: Productividad, eficiencia y resultados empresariales en la industria
Issue: 373
Pages: 73-86
Type: Article
More publications in: Economía industrial
Sustainable development goals
Abstract
This paper testes the hypothesis of sunk exporting costs differing among markets and how this hypothesis differs depending on firm�s productivity and size. The authors uses a sample of Spanish firms from Encuesta sobre Estrategias Empresariales (ESEE) for the period 1990-2002. The results confirmed the importance of those sunk costs and demonstrate that they differ depending on the market firms export to and on firm�s size. Moreover, the effect of firm�s productivity on the export decision depends on the export market and it is especially relevant for more advanced markets such as the EU.