This paper investigates interactions between exporting and productivity at the firm level, using a panel of firms in the UK chemical industry. This is both highly technology intensive and the UK's largest exporting sector. We find exporters are more productive than non-exporters, but are also on average smaller. This superior productivity performance among exporters appears to be caused by both self-selection and learning-by-exporting effects. In contrast to other studies, we find learning effects are significantly positive among new entrants, weaker for more experienced exporters and negative for established exporters.
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Deakin Univ, Deakin Business Sch, Dept Finance, Burwood, Vic, AustraliaDeakin Univ, Deakin Business Sch, Dept Finance, Burwood, Vic, Australia
Ang, Tze Chuan 'Chewie'
Lam, F. Y. Eric C.
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Hong Kong Acad Finance, Hong Kong Inst Monetary & Financial Res, Hong Kong Monetary Author, Hong Kong, Peoples R ChinaDeakin Univ, Deakin Business Sch, Dept Finance, Burwood, Vic, Australia
Lam, F. Y. Eric C.
Wei, K. C. John
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Hong Kong Polytech Univ, Fac Business, Sch Accounting & Finance, Hong Kong, Peoples R ChinaDeakin Univ, Deakin Business Sch, Dept Finance, Burwood, Vic, Australia