Arbeitspapier

One-off Export Events

An astonishing 33% of all firm-product-destination export spells in Danish data turn out to be isolated single-month one-off export events (observed once in a 49 month window). On average, for an export-active firm, such one-off exports account for 17% of total foreign sales. These patterns cannot be explained by the lumpiness of trade (e.g., seasonal shipments), nor do they sit well with available models of trade. To reconcile the data with theory, we propose a model that includes passive (i.e., buyer-side driven) one-off exporting in addition to the customary proactive export channel. This framework guides our empirical investigation. We find that one-off exports arise relatively more often to far-away, low-income or unstable destinations; moreover, one-off exporting is associated with lower productivity and smaller firm size.

Language
Englisch

Bibliographic citation
Series: CESifo Working Paper ; No. 6207

Classification
Wirtschaft
Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
Empirical Studies of Trade
Market Structure, Firm Strategy, and Market Performance: General
Market Structure, Pricing, and Design: General
Subject
passive exporting
proactive exporting
export duration
temporary trade
monthly transactions data
firm-level data
heterogeneous firms

Event
Geistige Schöpfung
(who)
Geishecker, Ingo
Schröder, Philipp J.H.
Sørensen, Allan
Event
Veröffentlichung
(who)
Center for Economic Studies and ifo Institute (CESifo)
(where)
Munich
(when)
2016

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Geishecker, Ingo
  • Schröder, Philipp J.H.
  • Sørensen, Allan
  • Center for Economic Studies and ifo Institute (CESifo)

Time of origin

  • 2016

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