Home > Publications . Search All . Browse All . Country . Browse PSC Pubs . PSC Report Series

PSC In The News

RSS Feed icon

Detroit Mayor challenges U-M to analyze root causes, patterns of murders in city

Lam on what helps and hurts in world-wide youth unemployment

Buchmueller says must-access program curbs doctor-shopping for opioids

More News

Highlights

Bailey, Eisenberg , and Fomby promoted at PSC

Former PSC trainee Eric Chyn wins PAA's Dorothy S. Thomas Award for best paper

Celebrating departing PSC trainees

Bloome finds children raised outside stable 2-parent families more likely to become low-income adults, regardless of parents' income

More Highlights

Exporting and Firm Performance: Chinese Exporters and the Asian Financial Crisis

Publication Abstract

Park, Albert F., Dean Yang, Xinzheng Shi, and Yuan Jiang. 2010. "Exporting and Firm Performance: Chinese Exporters and the Asian Financial Crisis." Review of Economics and Statistics, 92(4): 822-842.

We ask how export demand shocks associated with the Asian financial crisis affected Chinese exporters. We construct firm-specific exchange rate shocks based on the precrisis destinations of firms' exports. Because the shocks were unanticipated and large, they are a plausible instrument for identifying the impact of exporting on firm productivity and other outcomes. We find that firms whose export destinations experience greater currency depreciation have slower export growth and that export growth leads to increases in firm productivity and other firm performance measures. Consistent with "learning-by-exporting," the productivity impact of export growth is greater when firms export to more developed countries.

Country of focus: China.

Browse | Search : All Pubs | Next