Service Offshoring and Export Experience
利用法国企业参与全球价值链的新数据，发现经验丰富的出口商更倾向于在目的地和集团内部采购服务，且服务离岸外包能降低企业出口波动和退出风险。
Abstract Service inputs significantly influence export costs and firm internationalisation. A new dataset on French firms’ participation in global value chains reveals that experienced exporters are more likely to source services at destination and within their group. We rationalise these facts in a model where firms are initially uncertain about their export profitability and learn it while selling abroad. The effect is amplified in uncertain markets and in the presence of frictions to domestic sourcing. Offshoring firms, in turn, exhibit reduced volatility and are less likely to exit foreign markets. Our empirical findings strongly support these theoretical predictions.