The duration of Dutch export relations: Decomposing firm, country and product characteristics

Research output: Contribution to journalArticleScientificpeer-review

Abstract

Using Dutch transaction-level data on international trade we find that the intensive margin drives trade growth year by year. After 6 years, new trade relations cover about 50 % of Dutch exports. Only 25 % of the new relations specified by firm, product and destination survives after 2 years. The estimates conclude that new trade relations with new exporting firms or with new destinations have lower hazard rates than those with new products. If the destination is an EU country the hazard is much lower as is also case for higher initial sales.

Original languageEnglish
Pages (from-to)155-176
Number of pages22
JournalDe Economist
Volume163
Issue number2
DOIs
Publication statusPublished - Jun 2015

Keywords

  • International trade
  • Export duration
  • Hazard models
  • Export margins
  • Firm heterogeneity
  • INTERNATIONAL-TRADE
  • MARKET ENTRY
  • IMPORT TRADE
  • CRISIS

Cite this

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title = "The duration of Dutch export relations: Decomposing firm, country and product characteristics",
abstract = "Using Dutch transaction-level data on international trade we find that the intensive margin drives trade growth year by year. After 6 years, new trade relations cover about 50 {\%} of Dutch exports. Only 25 {\%} of the new relations specified by firm, product and destination survives after 2 years. The estimates conclude that new trade relations with new exporting firms or with new destinations have lower hazard rates than those with new products. If the destination is an EU country the hazard is much lower as is also case for higher initial sales.",
keywords = "International trade, Export duration, Hazard models, Export margins, Firm heterogeneity, INTERNATIONAL-TRADE, MARKET ENTRY, IMPORT TRADE, CRISIS",
author = "Arjan Lejour",
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The duration of Dutch export relations : Decomposing firm, country and product characteristics. / Lejour, Arjan.

In: De Economist, Vol. 163, No. 2, 06.2015, p. 155-176.

Research output: Contribution to journalArticleScientificpeer-review

TY - JOUR

T1 - The duration of Dutch export relations

T2 - Decomposing firm, country and product characteristics

AU - Lejour, Arjan

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N2 - Using Dutch transaction-level data on international trade we find that the intensive margin drives trade growth year by year. After 6 years, new trade relations cover about 50 % of Dutch exports. Only 25 % of the new relations specified by firm, product and destination survives after 2 years. The estimates conclude that new trade relations with new exporting firms or with new destinations have lower hazard rates than those with new products. If the destination is an EU country the hazard is much lower as is also case for higher initial sales.

AB - Using Dutch transaction-level data on international trade we find that the intensive margin drives trade growth year by year. After 6 years, new trade relations cover about 50 % of Dutch exports. Only 25 % of the new relations specified by firm, product and destination survives after 2 years. The estimates conclude that new trade relations with new exporting firms or with new destinations have lower hazard rates than those with new products. If the destination is an EU country the hazard is much lower as is also case for higher initial sales.

KW - International trade

KW - Export duration

KW - Hazard models

KW - Export margins

KW - Firm heterogeneity

KW - INTERNATIONAL-TRADE

KW - MARKET ENTRY

KW - IMPORT TRADE

KW - CRISIS

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DO - 10.1007/s10645-014-9242-8

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JO - De Economist: Tijdschrift voor alle standen, tot bevordering van volkswelvaart, door verspreiding van eenvoudige beginselen van staatshuishoudkunde

JF - De Economist: Tijdschrift voor alle standen, tot bevordering van volkswelvaart, door verspreiding van eenvoudige beginselen van staatshuishoudkunde

SN - 0013-063X

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