Export markets: substitutes, complements, or independent?

被引：3
|
作者：
Aranguren, Mari Jose [1 ]
De Lucio, Juan [2 ]
Minguez, Raul [3 ]
Minondo, Asier [4 ]
Requena, Francisco [5 ]
机构：
[1] Univ Deusto, Orkestra Deusto & Deusto Business Sch, Donostia San Sebastian, Spain
[2] Univ Alcala, Univ Antonio Nebrija, Dept Econ, Dept Business Adm & Management, Alcala De Henares, Spain
[3] Univ Antonio Nebrija, Dept Business Adm & Management, Madrid, Spain
[4] Univ Deusto, Deusto Business Sch, Camino Mundaiz 50, Donostia San Sebastian 20012, Spain
[5] Univ Valencia, Dept Econ Struct, Valencia, Spain
来源：
APPLIED ECONOMICS LETTERS | 2021年 / 28卷 / 03期
关键词：
Exports; Spain; manufacturing;
D O I：
10.1080/13504851.2020.1739611
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Using a large sample of export transactions in Spain over the period 2010-2017, we explore whether firms treat export markets as substitutes, complements, or independent. We find that an exogenous change in revenue in a firm's top export destination does not change its revenue in other destinations. A firm does not have either a larger probability to increase the number of export destinations when it experiences an exogenous drop in revenue in its top export destination. These results suggest that a shock in firms' top export market does not affect their decisions in other export markets.
引用
收藏
页码：165 / 169
页数：5
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