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

PSC In The News

RSS Feed icon

U-M's Wolfers on study showing "outright hostility" toward women in economics

Savolainen links antisocial behavior in childhood to disadvantage and poverty in adulthood

Norton et al. put dollar value on relief from chronic pain for Americans age 50+

More News

Highlights

Viewing the eclipse from ISR-Thompson

Paula Fomby to succeed Jennifer Barber as Associate Director of PSC

PSC community celebrates Violet Elder's retirement from PSC

Neal Krause wins GSA's Robert Kleemeier Award

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