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Exports and Firm Survival in Times of COVID-19 – Evidence from Eight European Countries

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  • Wagner Joachim

    (Leuphana University, Lüneburg, Germany)

Abstract

This paper uses firm level data from the World Bank Enterprise surveys conducted in 2019 and from the COVID-19 follow-up surveys conducted in 2020 in eight European countries to investigate the link between exporting before the pandemic and firm survival until 2020. The estimated effect of exports is positive and statistically significant ceteris paribus after controlling for various firm characteristics that are known to be related to firm survival. Furthermore, the size of this estimated effect can be considered to be large on average. Exporting helped firms to survive.

Suggested Citation

  • Wagner Joachim, 2024. "Exports and Firm Survival in Times of COVID-19 – Evidence from Eight European Countries," Review of Economics, De Gruyter, vol. 75(1), pages 63-70, April.
    • Handle: RePEc:lus:reveco:v:75:y:2024:i:1:p:63-70:n:1
    DOI: 10.1515/roe-2023-0095
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    References listed on IDEAS

    as
    1. Joachim Wagner, 2022. "Firm Survival and Gender of Firm Owner in Times of COVID-19: Evidence from 10 European Countries," Economies, MDPI, vol. 10(5), pages 1-8, April.
    2. Roger B. Newson & Milena Falcaro, 2023. "Robit regression in Stata," Stata Journal, StataCorp LP, vol. 23(3), pages 658-682, September.
    3. Elena Cefis & Orietta Marsili, 2005. "A matter of life and death: innovation and firm survival," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 14(6), pages 1167-1192, December.
    4. David B. Audretsch, 1995. "Innovation and Industry Evolution," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262011468, December.
    5. Daniel Fackler & Claus Schnabel & Joachim Wagner, 2013. "Establishment exits in Germany: the role of size and age," Small Business Economics, Springer, vol. 41(3), pages 683-700, October.
    6. Harald Strotmann, 2007. "Entrepreneurial Survival," Small Business Economics, Springer, vol. 28(1), pages 87-104, January.
    7. Joachim Wagner, 2022. "Firm survival and gender of firm owner in times of COVID-19 Evidence from 10 European countries," Working Paper Series in Economics 409, University of Lüneburg, Institute of Economics.
    8. Waldkirch, Andreas, 2021. "Firms around the World during the COVID-19 Pandemic," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 36(1), pages 3-19.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    exports; firm survival; COVID-19; World Bank Enterprise surveys; robit regression;
    All these keywords.

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
    • L29 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Other

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