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The B.E. Journal of Economic Analysis & Policy

Editor-in-Chief: Ludwig, Sandra / Schmitz, Hendrik

Ed. by Auriol, Emmanuelle / Barigozzi, Francesca / Brunner, Johann / Fleck, Robert / Mastrobuoni, Giovanni / Mendola, Mariapia / Requate, Till / de Vries, Frans / Wenzel, Tobias


IMPACT FACTOR 2017: 0.306
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CiteScore 2017: 0.50

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Source Normalized Impact per Paper (SNIP) 2017: 0.531

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1935-1682
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Volume 12, Issue 1

Issues

Volume 19 (2019)

Volume 6 (2006)

Volume 4 (2004)

Volume 2 (2002)

Volume 1 (2001)

Learning-by-Exporting, Introduction of New Products, and Product Rationalization: Evidence from Korean Manufacturing

Chin Hee Hahn
Published Online: 2012-05-31 | DOI: https://doi.org/10.1515/1935-1682.2705

Abstract

Utilizing a previously unexplored plant-product matched dataset in the Korean manufacturing sector, this paper examines the impact of exporting on firms’ productivity and the mechanism by which it operates. We find strong evidence for the learning-by-exporting hypothesis. We also find that exporting induces plants to introduce new products and rationalize their products beginning from one year prior to, and until two years after, export market entry. The synchronous responses of product churning and TFP suggest that new-product introduction and product rationalization are indeed one mechanism of the learning-by-exporting effect. Finally, we find that plants increase, rather than decrease, their product scope after exporting, in contrast with the prediction from the recent theories of multi-product firms.

Keywords: learning-by-exporting; productivity; product innovation; product rationalization; heterogeneous firms; propensity score DID matching

About the article

Published Online: 2012-05-31


Citation Information: The B.E. Journal of Economic Analysis & Policy, Volume 12, Issue 1, ISSN (Online) 1935-1682, DOI: https://doi.org/10.1515/1935-1682.2705.

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Chin Hee Hahn, Keiko Ito, and Dionisius Narjoko
Asian Economic Journal, 2016, Volume 30, Number 4, Page 349

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