Productivity and Turnover in the Export Market
利用韩国和中国台湾的制造业数据，分析企业全要素生产率与出口市场参与决策的关系，发现两个经济体在自我选择和学习效应上的差异。
Widespread empirical evidence indicates that exporting producers have higher productivity than nonexporters, although the reasons why are unclear. Some analysts argue that exporters acquire knowledge of new production methods, inputs, and product designs from their international contacts, and with this knowledge they achieve higher productivity than their more insulated domestic counterparts. Others argue that the higher productivity of exporters reflects the self-selection of more efficient producers into a highly competitive export market. This article analyzes the link between a producer's total factor productivity and its decision to participate in the export market, using manufacturing data from the Republic of Korea and Taiwan (China). Differences are found between these two economies in the importance of selection and learning. In Taiwan (China) transitions of plants into and out of the export market reflect systematic variations in productivity as predicted by self-selection models. In Korea there...