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Exports dynamics and information spillovers: evidence from Spanish firms

Author

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  • Juana Castillo-Giménez
  • Guadalupe Serrano
  • Francisco Requena-Silvente

Abstract

This paper investigates the determinants of a firm’s export decision and focuses on the identification of spillovers from neighbouring firms. We use a panel of Spanish firms that started to export to at least one of 95 countries over the 2000-2006 period. Detailed data on the location of firms as well as on the destinations of their exports allows us to analyze the presence of spillovers across firms exporting to different countries. Results show evidence of information spillovers, i.e. new exporters acquire valuable information from other local firms on foreign consumer tastes, product standards or customs administration in a particular market. However the selection of the most productive firms to the most difficult markets decreases the impact of spillovers on firms exporting to these countries.

Suggested Citation

  • Juana Castillo-Giménez & Guadalupe Serrano & Francisco Requena-Silvente, 2011. "Exports dynamics and information spillovers: evidence from Spanish firms," Working Papers 1103, Department of Applied Economics II, Universidad de Valencia.
  • Handle: RePEc:eec:wpaper:1103
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    File URL: http://repecsrv.uv.es/paper/RePEc/pdf/eec_1103.pdf
    File Function: First version, 2011, Second versión, February 2012
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    References listed on IDEAS

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    1. Özler, Sule & Taymaz, Erol & YIlmaz, Kamil, 2009. "History Matters for the Export Decision: Plant-Level Evidence from Turkish Manufacturing Industry," World Development, Elsevier, vol. 37(2), pages 479-488, February.
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    Cited by:

    1. Roberto Ramos & Enrique Moral-Benito, 2013. "Agglomeration matters for trade," Working Papers 1316, Banco de España.
    2. Bisztray, Márta & Koren, Miklós & Szeidl, Adam, 2018. "Learning to import from your peers," Journal of International Economics, Elsevier, vol. 115(C), pages 242-258.
    3. Zhu, Xiangdong & He, Canfei & Gu, Zhutong, 2021. "Benefit from local or destination? The export expansion of Chinese photovoltaic industry under trade protection," Energy Economics, Elsevier, vol. 104(C).

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    More about this item

    Keywords

    export decision; export market; agglomeration; spillovers;
    All these keywords.

    JEL classification:

    • F1 - International Economics - - Trade
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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