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One‐off export events

Author

Listed:
  • Ingo Geishecker
  • Philipp J. H. Schröder
  • Allan S⊘rensen
Abstract
Isolated single‐month, one‐off export transactions (observed once in a 49‐month window) turn out to be the dominant spell length in granular firm–product–destination trade data. Moreover, on average, for an export‐active firm, such one‐off events generate a significant part of foreign sales. These patterns cannot be explained by the lumpiness of trade (e.g., seasonal shipments), nor do they sit well with available trade models. To reconcile theory with the data, we introduce passive (i.e., unsolicited buyer‐side driven) exporting in addition to proactive exporting. Our empirical investigation establishes novel stylized facts on firm and destination characteristics associated with one‐off exporting. Évènements d’exportation une seule fois. Le cas isolé une seule fois un seul mois d’une transaction d’exportation (observé une fois dans une fenêtre de 49 mois) s’avère caractériser être la forme dominante dans les données sur la destination du commerce granulaire pour le produit d’une firme. De plus, en moyenne, pour une firme active dans le commerce international, de tels évènements une seule fois constituent une part importante des ventes à l’étranger. On ne peut expliquer ces patterns par l’indivisibilité du commerce (par exemple expéditions saisonnières) et ils ne cadrent pas bien avec les modèles de commerce international disponibles. Pour réconcilier théorie et données, on introduit la notion d’exportation passive (c.‐à‐d. déterminée du côté de l’acheteur) en plus de le l’exportation proactive. L’enquête établit de nouveaux faits stylisés à propos des caractéristiques des firmes et des destinations associés avec l’exportation de type une seule fois.

Suggested Citation

  • Ingo Geishecker & Philipp J. H. Schröder & Allan S⊘rensen, 2019. "One‐off export events," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 52(1), pages 93-131, February.
    • Handle: RePEc:wly:canjec:v:52:y:2019:i:1:p:93-131
    DOI: 10.1111/caje.12367
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    Cited by:

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    2. Arnarson, Björn Thor, 2020. "The superstar and the followers: Intra-firm product complementarity in international trade," Journal of Economic Behavior & Organization, Elsevier, vol. 177(C), pages 277-304.
    3. M. Scott Taylor, "undated". "Trade and the Environment: New Methods, Measurements, and Results NBER Working Paper No. 22636," Working Papers 2016-46, Department of Economics, University of Calgary, revised 01 Dec 2016.
    4. Child, John & Karmowska, Joanna & Shenkar, Oded, 2022. "The role of context in SME internationalization – A review," Journal of World Business, Elsevier, vol. 57(1).
    5. Marcel Berg & Ahmed Boutorat & Loe Franssen & Angie Mounir, 2022. "Intermittent exporting: unusual business or business as usual?," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 158(4), pages 1173-1198, November.
    6. Stefano Costa & Federico Sallusti & Claudio Vicarelli & Davide Zurlo, 2022. "Tech on the ROC: export threshold and technology adoption interacted," Small Business Economics, Springer, vol. 59(4), pages 1593-1611, December.
    7. Wagner, Joachim, 2018. "Temporary exports and characteristics of destination countries: First evidence from German transaction data," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 12, pages 1-12.
    8. Kasahara, Hiroyuki & Tang, Heiwai, 2019. "Excessive entry and exit in export markets," Journal of the Japanese and International Economies, Elsevier, vol. 53(C), pages 1-1.
    9. Bjørnskov, Christian & Schröder, Philipp J.H., 2023. "Press freedom, market information, and international trade," European Journal of Political Economy, Elsevier, vol. 76(C).

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    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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