% WARNING: This file may contain UTF-8 (unicode) characters. % While non-8-bit characters are officially unsupported in BibTeX, you % can use them with the biber backend of biblatex % usepackage[backend=biber]{biblatex} @techreport{NBERw14632, title = "Exporting and Firm Performance: Chinese Exporters and the Asian Financial Crisis", author = "Park, Albert and Yang, Dean and Shi, Xinzheng and Jiang, Yuan", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "14632", year = "2009", month = "January", doi = {10.3386/w14632}, URL = "http://www.nber.org/papers/w14632", abstract = {We ask how export demand shocks associated with the Asian financial crisis affected Chinese exporters. We construct firm-specific exchange rate shocks based on the pre-crisis destinations of firms' exports. Because the shocks were unanticipated and large, they are a plausible instrument for identifying the impact of exporting on firm productivity and other outcomes. We find that firms whose export destinations experience greater currency depreciation have slower export growth, and that export growth leads to increases firm productivity and other firm performance measures. Consistent with "earning-by-exporting", the productivity impact of export growth is greater when firms export to more developed countries.}, }