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Exporting and firm performance: Chinese exporters and the Asian financial crisis.

Abstract:

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 g...

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Publisher copy:
10.1162/REST_a_00033

Authors


Albert Francis Park More by this author
Xinzheng Shi More by this author
Yuan Jiang More by this author
Journal:
Review of Economics and Statistics
Volume:
92
Issue:
4
Publication date:
2010
DOI:
URN:
uuid:c178fe8a-3237-4a4d-8b9b-b79935841e66
Local pid:
oai:economics.ouls.ox.ac.uk:15030
Language:
English

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