Coping with the crisis and export diversification
Bibliographic Data
| ID | 21543397 |
|---|---|
| Authors | Kaleb Abreha (0000-0002-8174-724X, Office of the Chief Economist for Africa Region World Bank Washington DC USA), Valérie Smeets (0000-0003-1908-9546, Department of Economics and Business Economics Aarhus University Aarhus Denmark), Frédéric Warzynski (0000-0002-2410-669X, Department of Economics and Business Economics Aarhus University Aarhus Denmark, corresponding author) |
| Year | 2020 |
| Volume | 43 |
| Issue | 5 |
| Pages | 1452-1481 |
| Publication date | 2020-05-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | World Economy (JOURNAL) |
| Journal identifiers | ISSN: 0378-5920 • E-ISSN: 1467-9701 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/twec.12937 |
| OpenAlex | W3001392784 |
| Language | EN |
| Citations received | 8 |
| References cited | 13 |
Using a highly disaggregated firm–product–destination level data from Denmark, we analyse how Danish exporters responded to the global recession in 2008–09 and the recovery that followed. We show that firms reacted mainly by adjusting their scale of export shipments and by extending their export portfolio outside of their core products and markets. More importantly, we also find that export diversification into fast‐growing economies like China was associated with better export growth performance. Hence, trade reorientation beyond traditional market destinations accelerated export growth and as such constitutes an important mechanism for understanding the various determinants of firm heterogeneity
Business · Clinical Psychology · Global Trade and Competitiveness · Global trade and economics · International Business and FDI · Psychology · Marketing
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The Spillover Effect of US‐China Tension on India's Medium‐High‐Tech Manufacturing Exports
| Citations per year | 4 |
|---|---|
| Citation span | 2024 - 2026 (3) |
| Highly cited | No |