Two identical firms who start exporting in different months, one each in January and December, will report dramatically different exports for the first calendar year. This partial-year effect biases down first year export levels and biases up first-year export growth rates. For Peruvian exporters, the partial-year bias is large: first-year export levels are understated by 54 percent and the first-year growth rate is overstated by 112 percentage points...
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INFORMATION
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2017/10/01
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Article de revue
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122569
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1
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1
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2018/01/10
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Disclosed
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Exporter dynamics and partial-year effects
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export growth