Determinants of Export Survival in the Lao PDR
This paper explores a rich dataset of monthly firm-level data on the population of exporters of Lao PDR from 2005 to 2010. The survival analysis uses a discrete-time logistic model based on firm-product-destination triplets while accounting for...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, DC
2013
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| Online Access: | http://documents.worldbank.org/curated/en/2013/01/17136761/determinants-export-survival-lao-pdr http://hdl.handle.net/10986/12196 |
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okr-10986-121962021-04-23T14:03:06Z Determinants of Export Survival in the Lao PDR Stirbat, Liviu Record, Richard Nghardsaysone, Konesawang ACCOUNTING AGGREGATION AGRICULTURE AREA ASPECT AVERAGE PRICE BANKRUPTCY BEST PRACTICES BRAND BROKERS BUSINESS STRATEGY BUSINESSES BUYERS CENTRE CHECKS CLASSIFICATION COMMERCIAL TRANSACTIONS COMPARATIVE ADVANTAGE COMPETITIVENESS CONSUMER PRICE CONSUMER PRICE INDEX CONTIGUITY CONTRACTUAL ARRANGEMENTS CURRENCY CUSTOMS DATA COVERAGE DEPENDENCY DESTINATION DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT POLICY DOMESTIC MARKET DUMMY VARIABLE DUMMY VARIABLES DURABLE ECONOMIC PERFORMANCE ECONOMIC RESEARCH EMERGING MARKETS ENTERPRISE SURVEY EXCHANGE RATES EXPORT GROWTH EXPORT MARKET EXPORT MARKETS EXPORT PERFORMANCE EXPORT PROMOTION EXPORT SECTORS EXPORT SHARES EXPORTER EXPORTERS EXPORTS FIXED COSTS FOREIGN INVESTMENT FOREIGN MARKETS GDP GDP PER CAPITA GLOBAL ECONOMY IDS INCOME LEVELS INFLATION INTERNATIONAL BANK INTERNATIONAL COMPARISON INTERNATIONAL ECONOMICS INTERNATIONAL MARKETS INTERNATIONAL STANDARDS INTERNATIONAL TRADE INTERNATIONAL TRANSACTIONS INTERSECT INVESTMENT CLIMATE JOINT VENTURES LEVEL OF CONFIDENCE LICENSE LICENSES LIQUIDATION MANUFACTURING MERCHANDISE MERCHANDISE TRADE MERGERS NETWORKS NEW MARKET OPEN ACCESS ORIGIN PDF PEER PRESSURE PER CAPITA INCOME POLICY RESPONSES POLICY SUPPORT PORTFOLIO POSITIVE EXTERNALITIES PRODUCT CATEGORY PRODUCT DIFFERENTIATION PRODUCT QUALITY PRODUCTIVITY RELIABILITY RESULT RESULTS RETURN RETURNS SOFTWARE PACKAGE SUBSTITUTES SUNK COSTS TAX TECHNICAL REQUIREMENTS TRADE COMPETITIVENESS TRADE FACILITATION TRADE NETWORKS TRADE OPPORTUNITIES TRADING TRADING BLOCS TRANSACTION TRUST FUND UNION USES VALUE ADDED VALUE CHAINS WEALTH WEB WTO This paper explores a rich dataset of monthly firm-level data on the population of exporters of Lao PDR from 2005 to 2010. The survival analysis uses a discrete-time logistic model based on firm-product-destination triplets while accounting for unobserved heterogeneity. It looks in detail at the role played by two important and related determinants of survival: experience and networks. These are particularly relevant for developing countries, where relevant export experience in firms is likely to be limited and networks leveraging it all the more important. The analysis reveals the positive impact of having prior experience with the export product and destination, experience with importing, as well as using a developed neighboring country as launch platform. Networks are found to be most relevant when they are most specific -- the largest impact comes from province level aggregations of firms selling the same product in the same market during a particular month. A competing risks model was also investigated to discern the impact of these determinants on the likelihood of experiencing an upgrade to a superior product versus termination when a trade contract ends. 2013-01-29T17:41:36Z 2013-01-29T17:41:36Z 2013-01 http://documents.worldbank.org/curated/en/2013/01/17136761/determinants-export-survival-lao-pdr http://hdl.handle.net/10986/12196 English en_US Policy Research Working Paper; No. 6301 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research East Asia and Pacific Lao People's Democratic Republic |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACCOUNTING AGGREGATION AGRICULTURE AREA ASPECT AVERAGE PRICE BANKRUPTCY BEST PRACTICES BRAND BROKERS BUSINESS STRATEGY BUSINESSES BUYERS CENTRE CHECKS CLASSIFICATION COMMERCIAL TRANSACTIONS COMPARATIVE ADVANTAGE COMPETITIVENESS CONSUMER PRICE CONSUMER PRICE INDEX CONTIGUITY CONTRACTUAL ARRANGEMENTS CURRENCY CUSTOMS DATA COVERAGE DEPENDENCY DESTINATION DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT POLICY DOMESTIC MARKET DUMMY VARIABLE DUMMY VARIABLES DURABLE ECONOMIC PERFORMANCE ECONOMIC RESEARCH EMERGING MARKETS ENTERPRISE SURVEY EXCHANGE RATES EXPORT GROWTH EXPORT MARKET EXPORT MARKETS EXPORT PERFORMANCE EXPORT PROMOTION EXPORT SECTORS EXPORT SHARES EXPORTER EXPORTERS EXPORTS FIXED COSTS FOREIGN INVESTMENT FOREIGN MARKETS GDP GDP PER CAPITA GLOBAL ECONOMY IDS INCOME LEVELS INFLATION INTERNATIONAL BANK INTERNATIONAL COMPARISON INTERNATIONAL ECONOMICS INTERNATIONAL MARKETS INTERNATIONAL STANDARDS INTERNATIONAL TRADE INTERNATIONAL TRANSACTIONS INTERSECT INVESTMENT CLIMATE JOINT VENTURES LEVEL OF CONFIDENCE LICENSE LICENSES LIQUIDATION MANUFACTURING MERCHANDISE MERCHANDISE TRADE MERGERS NETWORKS NEW MARKET OPEN ACCESS ORIGIN PEER PRESSURE PER CAPITA INCOME POLICY RESPONSES POLICY SUPPORT PORTFOLIO POSITIVE EXTERNALITIES PRODUCT CATEGORY PRODUCT DIFFERENTIATION PRODUCT QUALITY PRODUCTIVITY RELIABILITY RESULT RESULTS RETURN RETURNS SOFTWARE PACKAGE SUBSTITUTES SUNK COSTS TAX TECHNICAL REQUIREMENTS TRADE COMPETITIVENESS TRADE FACILITATION TRADE NETWORKS TRADE OPPORTUNITIES TRADING TRADING BLOCS TRANSACTION TRUST FUND UNION USES VALUE ADDED VALUE CHAINS WEALTH WEB WTO |
| spellingShingle |
ACCOUNTING AGGREGATION AGRICULTURE AREA ASPECT AVERAGE PRICE BANKRUPTCY BEST PRACTICES BRAND BROKERS BUSINESS STRATEGY BUSINESSES BUYERS CENTRE CHECKS CLASSIFICATION COMMERCIAL TRANSACTIONS COMPARATIVE ADVANTAGE COMPETITIVENESS CONSUMER PRICE CONSUMER PRICE INDEX CONTIGUITY CONTRACTUAL ARRANGEMENTS CURRENCY CUSTOMS DATA COVERAGE DEPENDENCY DESTINATION DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPMENT POLICY DOMESTIC MARKET DUMMY VARIABLE DUMMY VARIABLES DURABLE ECONOMIC PERFORMANCE ECONOMIC RESEARCH EMERGING MARKETS ENTERPRISE SURVEY EXCHANGE RATES EXPORT GROWTH EXPORT MARKET EXPORT MARKETS EXPORT PERFORMANCE EXPORT PROMOTION EXPORT SECTORS EXPORT SHARES EXPORTER EXPORTERS EXPORTS FIXED COSTS FOREIGN INVESTMENT FOREIGN MARKETS GDP GDP PER CAPITA GLOBAL ECONOMY IDS INCOME LEVELS INFLATION INTERNATIONAL BANK INTERNATIONAL COMPARISON INTERNATIONAL ECONOMICS INTERNATIONAL MARKETS INTERNATIONAL STANDARDS INTERNATIONAL TRADE INTERNATIONAL TRANSACTIONS INTERSECT INVESTMENT CLIMATE JOINT VENTURES LEVEL OF CONFIDENCE LICENSE LICENSES LIQUIDATION MANUFACTURING MERCHANDISE MERCHANDISE TRADE MERGERS NETWORKS NEW MARKET OPEN ACCESS ORIGIN PEER PRESSURE PER CAPITA INCOME POLICY RESPONSES POLICY SUPPORT PORTFOLIO POSITIVE EXTERNALITIES PRODUCT CATEGORY PRODUCT DIFFERENTIATION PRODUCT QUALITY PRODUCTIVITY RELIABILITY RESULT RESULTS RETURN RETURNS SOFTWARE PACKAGE SUBSTITUTES SUNK COSTS TAX TECHNICAL REQUIREMENTS TRADE COMPETITIVENESS TRADE FACILITATION TRADE NETWORKS TRADE OPPORTUNITIES TRADING TRADING BLOCS TRANSACTION TRUST FUND UNION USES VALUE ADDED VALUE CHAINS WEALTH WEB WTO Stirbat, Liviu Record, Richard Nghardsaysone, Konesawang Determinants of Export Survival in the Lao PDR |
| geographic_facet |
East Asia and Pacific Lao People's Democratic Republic |
| relation |
Policy Research Working Paper; No. 6301 |
| description |
This paper explores a rich dataset of
monthly firm-level data on the population of exporters of
Lao PDR from 2005 to 2010. The survival analysis uses a
discrete-time logistic model based on
firm-product-destination triplets while accounting for
unobserved heterogeneity. It looks in detail at the role
played by two important and related determinants of
survival: experience and networks. These are particularly
relevant for developing countries, where relevant export
experience in firms is likely to be limited and networks
leveraging it all the more important. The analysis reveals
the positive impact of having prior experience with the
export product and destination, experience with importing,
as well as using a developed neighboring country as launch
platform. Networks are found to be most relevant when they
are most specific -- the largest impact comes from province
level aggregations of firms selling the same product in the
same market during a particular month. A competing risks
model was also investigated to discern the impact of these
determinants on the likelihood of experiencing an upgrade to
a superior product versus termination when a trade contract ends. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Stirbat, Liviu Record, Richard Nghardsaysone, Konesawang |
| author_facet |
Stirbat, Liviu Record, Richard Nghardsaysone, Konesawang |
| author_sort |
Stirbat, Liviu |
| title |
Determinants of Export Survival in the Lao PDR |
| title_short |
Determinants of Export Survival in the Lao PDR |
| title_full |
Determinants of Export Survival in the Lao PDR |
| title_fullStr |
Determinants of Export Survival in the Lao PDR |
| title_full_unstemmed |
Determinants of Export Survival in the Lao PDR |
| title_sort |
determinants of export survival in the lao pdr |
| publisher |
World Bank, Washington, DC |
| publishDate |
2013 |
| url |
http://documents.worldbank.org/curated/en/2013/01/17136761/determinants-export-survival-lao-pdr http://hdl.handle.net/10986/12196 |
| _version_ |
1764422198076899328 |