Exporting from a Small Landlocked Economy : An Assessment of Firm-Product-Destination Survival Rates in the Lao PDR
This paper analyzes previously unreleased firm-level customs transaction data from the Lao PDR in order to assess the determinants of cohort survival among exporters. The authors find that export flows in value terms are dominated by the intensive...
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| Format: | Policy Research Working Paper |
| Language: | English |
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2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110622081412 http://hdl.handle.net/10986/3460 |
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okr-10986-34602021-04-23T14:02:10Z Exporting from a Small Landlocked Economy : An Assessment of Firm-Product-Destination Survival Rates in the Lao PDR Stirbat, Liviu Record, Richard Nghardsaysone, Konesawang AGRICULTURE BRAND BRAND NAME BUSINESSES BUYER BUYERS CENTRALIZATION COMPANY COMPARATIVE ADVANTAGE COMPETITORS CONSTRUCTION CUSTOMS DATA COVERAGE DATA ENTRY DEVELOPMENT POLICY DISTRIBUTION NETWORKS DIVERSIFICATION ECONOMIES OF SCALE EQUIPMENT EXCHANGE RATES EXPORT GROWTH EXPORT MARKETS EXPORT PROMOTION EXPORT SECTOR EXPORTS FIRMS FOREIGN MARKET GDP GDP PER CAPITA GLOBAL ECONOMY IMAGE INCOME INCOME LEVELS INSTALLATION INTERNATIONAL COMPARISON INTERNATIONAL TRADE LICENSE LICENSES MANUFACTURING MARGINAL COSTS MARKET FAILURE MARKET FAILURES MERGERS MINING COMPLEXES NEW MARKETS OPEN ACCESS PER CAPITA INCOME POLICY SUPPORT PRODUCT QUALITY PRODUCTIVITY REGRESSION ANALYSES REGRESSION ANALYSIS RESULT RESULTS SEARCH SEES SMALL FIRMS SOFTWARE SYSTEM SUBSTITUTES SUPPLY CHAIN TIME PERIOD TOTAL SALES TRADE FACILITATION TRANSACTION WEB This paper analyzes previously unreleased firm-level customs transaction data from the Lao PDR in order to assess the determinants of cohort survival among exporters. The authors find that export flows in value terms are dominated by the intensive margin, with large firms continuing to supply the same products to the same markets. On the extensive margin, new export spells for firms, products and firm-product-destination units are very small and short-lived, suggesting that although there is significant experimentation and discovery by firms, there is only limited capacity to stay in markets once an entry is made. Regression analyses of the factors that influence survival past the first year reveal that this is positively correlated with the initial dollar value (starting big makes a difference) and is helped by the firm's experience with the product and the destination, but hindered by a lack of focus. Agglomeration of exporters in the same destination with the same product is beneficial, an effect analogous to external economies of scale. The authors conclude by recommending that the focus of export promotion activity should be on helping existing exporters find and stay in new markets. 2012-03-19T18:02:51Z 2012-03-19T18:02:51Z 2011-06-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110622081412 http://hdl.handle.net/10986/3460 English Policy Research working paper ; no. WPS 5695 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper East Asia and Pacific East Asia and Pacific Southeast Asia Asia 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 |
| topic |
AGRICULTURE BRAND BRAND NAME BUSINESSES BUYER BUYERS CENTRALIZATION COMPANY COMPARATIVE ADVANTAGE COMPETITORS CONSTRUCTION CUSTOMS DATA COVERAGE DATA ENTRY DEVELOPMENT POLICY DISTRIBUTION NETWORKS DIVERSIFICATION ECONOMIES OF SCALE EQUIPMENT EXCHANGE RATES EXPORT GROWTH EXPORT MARKETS EXPORT PROMOTION EXPORT SECTOR EXPORTS FIRMS FOREIGN MARKET GDP GDP PER CAPITA GLOBAL ECONOMY IMAGE INCOME INCOME LEVELS INSTALLATION INTERNATIONAL COMPARISON INTERNATIONAL TRADE LICENSE LICENSES MANUFACTURING MARGINAL COSTS MARKET FAILURE MARKET FAILURES MERGERS MINING COMPLEXES NEW MARKETS OPEN ACCESS PER CAPITA INCOME POLICY SUPPORT PRODUCT QUALITY PRODUCTIVITY REGRESSION ANALYSES REGRESSION ANALYSIS RESULT RESULTS SEARCH SEES SMALL FIRMS SOFTWARE SYSTEM SUBSTITUTES SUPPLY CHAIN TIME PERIOD TOTAL SALES TRADE FACILITATION TRANSACTION WEB |
| spellingShingle |
AGRICULTURE BRAND BRAND NAME BUSINESSES BUYER BUYERS CENTRALIZATION COMPANY COMPARATIVE ADVANTAGE COMPETITORS CONSTRUCTION CUSTOMS DATA COVERAGE DATA ENTRY DEVELOPMENT POLICY DISTRIBUTION NETWORKS DIVERSIFICATION ECONOMIES OF SCALE EQUIPMENT EXCHANGE RATES EXPORT GROWTH EXPORT MARKETS EXPORT PROMOTION EXPORT SECTOR EXPORTS FIRMS FOREIGN MARKET GDP GDP PER CAPITA GLOBAL ECONOMY IMAGE INCOME INCOME LEVELS INSTALLATION INTERNATIONAL COMPARISON INTERNATIONAL TRADE LICENSE LICENSES MANUFACTURING MARGINAL COSTS MARKET FAILURE MARKET FAILURES MERGERS MINING COMPLEXES NEW MARKETS OPEN ACCESS PER CAPITA INCOME POLICY SUPPORT PRODUCT QUALITY PRODUCTIVITY REGRESSION ANALYSES REGRESSION ANALYSIS RESULT RESULTS SEARCH SEES SMALL FIRMS SOFTWARE SYSTEM SUBSTITUTES SUPPLY CHAIN TIME PERIOD TOTAL SALES TRADE FACILITATION TRANSACTION WEB Stirbat, Liviu Record, Richard Nghardsaysone, Konesawang Exporting from a Small Landlocked Economy : An Assessment of Firm-Product-Destination Survival Rates in the Lao PDR |
| geographic_facet |
East Asia and Pacific East Asia and Pacific Southeast Asia Asia Lao People's Democratic Republic |
| relation |
Policy Research working paper ; no. WPS 5695 |
| description |
This paper analyzes previously
unreleased firm-level customs transaction data from the Lao
PDR in order to assess the determinants of cohort survival
among exporters. The authors find that export flows in value
terms are dominated by the intensive margin, with large
firms continuing to supply the same products to the same
markets. On the extensive margin, new export spells for
firms, products and firm-product-destination units are very
small and short-lived, suggesting that although there is
significant experimentation and discovery by firms, there is
only limited capacity to stay in markets once an entry is
made. Regression analyses of the factors that influence
survival past the first year reveal that this is positively
correlated with the initial dollar value (starting big makes
a difference) and is helped by the firm's experience
with the product and the destination, but hindered by a lack
of focus. Agglomeration of exporters in the same destination
with the same product is beneficial, an effect analogous to
external economies of scale. The authors conclude by
recommending that the focus of export promotion activity
should be on helping existing exporters find and stay in new markets. |
| 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 |
Exporting from a Small Landlocked Economy : An Assessment of Firm-Product-Destination Survival Rates in the Lao PDR |
| title_short |
Exporting from a Small Landlocked Economy : An Assessment of Firm-Product-Destination Survival Rates in the Lao PDR |
| title_full |
Exporting from a Small Landlocked Economy : An Assessment of Firm-Product-Destination Survival Rates in the Lao PDR |
| title_fullStr |
Exporting from a Small Landlocked Economy : An Assessment of Firm-Product-Destination Survival Rates in the Lao PDR |
| title_full_unstemmed |
Exporting from a Small Landlocked Economy : An Assessment of Firm-Product-Destination Survival Rates in the Lao PDR |
| title_sort |
exporting from a small landlocked economy : an assessment of firm-product-destination survival rates in the lao pdr |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20110622081412 http://hdl.handle.net/10986/3460 |
| _version_ |
1764387035195375616 |