Sensitivity of the Exporting Economy on the External Shocks: Evidence from Slovene Firms
dc.contributor.author | Prašnikar, Janez | en_US |
dc.contributor.author | Bole, Velimir | en_US |
dc.contributor.author | Ahcan, Aleš | en_US |
dc.contributor.author | Koman, Matjaž | en_US |
dc.date.accessioned | 2006-08-01T16:11:33Z | |
dc.date.available | 2006-08-01T16:11:33Z | |
dc.date.issued | 2003-11-01 | en_US |
dc.identifier.other | RePEc:wdi:papers:2003-634 | en_US |
dc.identifier.uri | https://hdl.handle.net/2027.42/40020 | en_US |
dc.description.abstract | In this paper we investigate the export participation of Slovene firms. We first show that sunk costs are an important factor for explaining the export behavior of Slovene firms. Next we show that when the absorption power of the exporting market declines, firms still trade with their established buyers (hysteresis) despite the fact that due to lower prices their exporting revenues decline. We show that this can be explained with high exit costs, which consist of switching costs (costs of replacing stable buyers with new ones) and cost of reducing the production (compensation money for excess workers) and high re-entry costs. | en_US |
dc.format.extent | 84048 bytes | |
dc.format.extent | 3151 bytes | |
dc.format.extent | 754754 bytes | |
dc.format.mimetype | text/plain | |
dc.format.mimetype | text/plain | |
dc.format.mimetype | application/pdf | |
dc.language.iso | en_US | en_US |
dc.relation.ispartofseries | 634 | en_US |
dc.subject | International Trade, Export, Distressed Export, Entry Costs, Exit Costs, Credit Raiting | en_US |
dc.subject.other | F10, L10, C20 | en_US |
dc.title | Sensitivity of the Exporting Economy on the External Shocks: Evidence from Slovene Firms | en_US |
dc.type | Working Paper | en_US |
dc.subject.hlbsecondlevel | Economics | en_US |
dc.subject.hlbtoplevel | Business | en_US |
dc.description.bitstreamurl | http://deepblue.lib.umich.edu/bitstream/2027.42/40020/3/wp634.pdf | en_US |
dc.owningcollname | William Davidson Institute (WDI) - Working Papers |
Files in this item
Remediation of Harmful Language
The University of Michigan Library aims to describe library materials in a way that respects the people and communities who create, use, and are represented in our collections. Report harmful or offensive language in catalog records, finding aids, or elsewhere in our collections anonymously through our metadata feedback form. More information at Remediation of Harmful Language.
Accessibility
If you are unable to use this file in its current format, please select the Contact Us link and we can modify it to make it more accessible to you.