Productividad de las empresas y papel de los costes irrecuperables en la elección de mercados lejanosevidencia para las industrias manufactureras españolas

  1. Blanes Cristóbal, José Vicente
  2. Milgram Baleix, Juliette
Journal:
Economía industrial

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

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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.