Publication:
Export Entrepreneurs : Evidence from Peru

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dc.contributor.authorFreund, Caroline
dc.contributor.authorPierola, Martha Denisse
dc.date.accessioned2012-03-19T18:41:41Z
dc.date.available2012-03-19T18:41:41Z
dc.date.issued2010-08-01
dc.description.abstractThis paper examines firm entry and survival in exporting, and in products and markets not previously served by any domestic exporters. The authors use data on the nontraditional agriculture sector in Peru, which grew seven-fold from 1994 to 2007. They find tremendous firm entry and exit in the export sector, with exits more likely after one year and among firms that start small. There is also significant entry and exit in new markets. In contrast, such trial and error in new products is rare. New products are typically discovered by large experienced exporters and there is increased entry after products are discovered. The results imply that high sunk costs of entry are of concern for product discovery, especially for products that are not consumed domestically. In contrast, the tremendous entry and exit in exporting and in new markets suggests that initial sunk costs are relatively low. The authors develop a model that explains how entrepreneurs decide to export and to develop new export products and markets when there are sunk costs of discovery and uncertainty about idiosyncratic costs. The model explains many features of the data.en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100830093224
dc.identifier.doi10.1596/1813-9450-5407
dc.identifier.urihttps://hdl.handle.net/10986/3892
dc.languageEnglish
dc.relation.ispartofseriesPolicy Research working paper ; no. WPS 5407
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectAGRICULTURE
dc.subjectBRAND
dc.subjectBRAND NAMES
dc.subjectCD
dc.subjectCENTRAL BANK
dc.subjectCOMPANY
dc.subjectCOMPETITIVENESS
dc.subjectCOMPETITOR
dc.subjectCOMPETITORS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING COUNTRY
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDIRECT MARKET
dc.subjectDISCOUNTED VALUE
dc.subjectDOMESTIC MARKET
dc.subjectDOMESTIC MARKETS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectENTREPRENEUR
dc.subjectENTREPRENEURS
dc.subjectENTREPRENEURSHIP
dc.subjectEXCHANGE RATE
dc.subjectEXPANSION
dc.subjectEXPECTED VALUE
dc.subjectEXPORT GROWTH
dc.subjectEXPORT MARKET
dc.subjectEXPORT MARKETS
dc.subjectEXPORTER
dc.subjectEXPORTERS
dc.subjectEXPORTS
dc.subjectFEDERAL RESERVE
dc.subjectFEDERAL RESERVE BANK
dc.subjectFINANCIAL SUPPORT
dc.subjectFIRMS
dc.subjectFIXED COSTS
dc.subjectFOREIGN MARKET
dc.subjectFOREIGN MARKETS
dc.subjectGLOBAL ECONOMY
dc.subjectGLOBALIZATION
dc.subjectGOVERNMENT POLICY
dc.subjectHOME MARKET
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL DEVELOPMENT
dc.subjectINTERNATIONAL ECONOMICS
dc.subjectINTERNATIONAL MARKETS
dc.subjectINTERNATIONAL TRADE
dc.subjectINTERNATIONAL TRANSACTIONS
dc.subjectINVESTING
dc.subjectINVESTOR CONFIDENCE
dc.subjectLAND PRIVATIZATION
dc.subjectMARKET ACCESS
dc.subjectMARKET CONDITIONS
dc.subjectMARKET DEVELOPMENT
dc.subjectMARKET INFORMATION
dc.subjectMARKET PARTICIPANTS
dc.subjectMARKET REQUIREMENTS
dc.subjectMARKET SHARE
dc.subjectMARKET SHARES
dc.subjectMARKETING
dc.subjectMERCHANDISE
dc.subjectNEGATIVE SHOCK
dc.subjectOPPORTUNITY COST
dc.subjectOVERHEAD COST
dc.subjectPOLITICAL ECONOMY
dc.subjectPRODUCT MARKET
dc.subjectPRODUCTION FUNCTION
dc.subjectPRODUCTIVITY
dc.subjectREGRESSION ANALYSIS
dc.subjectRETURN
dc.subjectSALES
dc.subjectSIZE OF FIRMS
dc.subjectSUNK COSTS
dc.subjectTAX
dc.subjectTRANSACTION
dc.subjectTRUST FUND
dc.subjectWAGES
dc.titleExport Entrepreneurs : Evidence from Peruen
dspace.entity.typePublication
okr.crossref.titleExport entrepreneurs : evidence from Peru
okr.date.disclosure2010-08-30
okr.date.doiregistration2025-04-10T11:42:41.479422Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20100830093224
okr.guid849131468099277361
okr.identifier.doi10.1596/1813-9450-5407
okr.identifier.externaldocumentum000158349_20100830093224
okr.identifier.internaldocumentum12708473
okr.identifier.reportWPS5407
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2010/08/30/000158349_20100830093224/Rendered/PDF/WPS5407.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.administrativeLatin America & Caribbean
okr.region.countryPeru
okr.region.geographicalSouth America
okr.region.geographicalAmerica
okr.sectorIndustry and trade :: Other domestic and international trade
okr.unitDevelopment Research Group (DECRG)
okr.unitDECRG: Trade & Intl. Integration (DECTI)
okr.volume1 of 1
relation.isAuthorOfPublication65ba4a02-ba22-5c96-8e04-6b9356d619e0
relation.isAuthorOfPublication6d498a82-d484-5ad9-8d95-6771dd7faf56
relation.isAuthorOfPublication.latestForDiscovery6d498a82-d484-5ad9-8d95-6771dd7faf56
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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