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  3. May
  4. Local Product Space and Firm Level Churning in Exported Products

May

09

Wednesday

Local Product Space and Firm Level Churning in Exported Products

3.00pm

Seminars

Public

Speaker: Prof Flora Bellone (Université Nice Sophia Antipolis)

Series: Department of Economics Seminar Series 2017-18

This seminar is part of the Department of Economics Seminar Series 2017-18. The seminars are open to all - no registration necessary. If you would like to receive email notification of the Department’s seminars, please send your request to Kim.Edmunds.1@city.ac.uk.

Abstract

This paper explores the determinants of changes in the range of exports at the firm level with a particular interest in the role played by the local environment of the firm. It bases on the model developed by Bernard et al. (2010) and extends it to a multi-regional setting in order to account for localized externalities.

To test the model, it uses French micro-data that covers information on mono-regional firms operating primarily in manufacturing industry over the period 2002-2007. The main finding of the study is that the local product space has an impact on product-market entry and exit decisions of exporters. Firms tend to modify their mix of exported products in order to be more congruent with the core products exported by other firms in the same locality. Also, firms enjoy greater export revenues in the products that are more related to the core capabilities of the locality.

Read more about the abstract.

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When & where

3.00pm - 4.30pmWednesday 9th May 2018

D427 Rhind Building City, University of London St John Street London EC1R 0JD United Kingdom