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数量经济与金融系列讲座第311期:Exporting and Firm Performance: Evidence from a Randomized Trial

  发布日期:2016-05-31  浏览次数:

主题:Exporting and Firm Performance: Evidence from a Randomized Trial

主讲:David Atkin, MIT

时间:2016年5月31日 15:30-17:00

地点:复旦大学经济学院801会议室

摘要:We conduct a randomized control trial that generates exogenous variation in the access to foreign markets for rug producers in Egypt. Combined with detailed survey data, we causally identify the impact of exporting on profits and productivity. Treatment firms report 16-26 percent higher profits and exhibit large improvements in quality alongside reductions in output per hour relative to control firms. These findings do not simply reflect firms being offered higher margins to manufacture high-quality products that take longer to produce. Instead, we find evidence of learning-by-exporting whereby exporting improves technical efficiency. First, treatment firms have higher productivity and quality after controlling for rug specifications. Second, when asked to produce an identical domestic rug using the same inputs and same capital equipment, treatment firms produce higher quality rugs despite no difference in production time. Third, treatment firms exhibit learning curves over time. Finally, we document knowledge transfers with quality increasing most along the specific dimensions that the knowledge pertained to.

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