Efficiency, Innovation and Exports

13 Pages Posted: 14 Nov 2002

See all articles by Michael Bleaney

Michael Bleaney

University of Nottingham - School of Economics

Katharine Wakelin

University of Nottingham - School of Economics

Abstract

Previous research (on countries other than the UK) finds better-performing firms to be more likely to export. We test this hypothesis for UK firms. The relationship between exporting and firm variables is significantly different for firms that have experienced a major innovation ("innovating firms"). Non-innovating firms are more likely to export if they have lower unit labour costs, whilst innovating firms are more likely to do so if they have had more innovations. Ceteris paribus, the probability that a firm is an exporter is higher if it is in a sector with high R&D expenditures (relative to output), which is consistent with product cycle theories of trade. For non-innovators, firms are also more likely to be exporters in sectors with low capital intensity.

Suggested Citation

Bleaney, Michael and Wakelin, Katharine, Efficiency, Innovation and Exports. Oxford Bulletin of Economics and Statistics, Vol. 64, pp. 3-15, 2002. Available at SSRN: https://ssrn.com/abstract=312813

Michael Bleaney (Contact Author)

University of Nottingham - School of Economics ( email )

University Park
Nottingham, NG7 2RD
United Kingdom
+44 0 115 951 5265 (Phone)
+44 0 115 951 5141 (Fax)

Katharine Wakelin

University of Nottingham - School of Economics ( email )

University Park
Nottingham, NG7 2RD
United Kingdom
+44 115 951 4734 (Phone)
+44 115 951 4159 (Fax)

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