6533b870fe1ef96bd12cfa40

RESEARCH PRODUCT

The Dynamic Linkages Among Exports, R&D and Productivity

Juan A. Sanchis-llopisJuan A. MañezMaría E. Rochina-barrachina

subject

Economics and Econometricsbusiness.industryAccountingPolitical Science and International RelationsEconometricsEconomicsManufacturing firmsInternational tradeBivariate analysisbusinessProductivityFinance

description

This paper estimates a dynamic model of a firm's decision to export and invest in RD in the second step, we estimate a bivariate dynamic model of the firm's decision to invest in R&D and export, in which we analyse the linkages among investing in R&D, exporting and productivity. Using a representative sample of Spanish manufacturing firms for the period 1990–2009, we find that both export and R&D positively affect future productivity, which will drive more firms to self-select in those activities.

https://doi.org/10.1111/twec.12160