Ins, Outs, and the Duration of Trade
| Title: | Ins, Outs, and the Duration of Trade |
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| Format: | Journal Article |
| Publication Date: | January 2006 |
| Published In: | Canadian Journal of Economics |
| Description: | We employ survival analysis to study the duration of U.S. imports. Our findings indicate international trade is far more dynamic than previously thought. The median duration of exporting a product to the U.S. is very short, on the order of two to four years. There is negative duration dependence. If a country is able to survive in the exporting market for the first few years it will face a very small probability of failure and will likely export the product for a long period of time. The results hold across countries and industries and are robust to aggregation. |
| Ivan Allen College Contributors: | |
| External Contributors: | Thomas J. Prusa |
| Citation: | Besedes, Tibor and Prusa, Thomas J., “Ins, Outs, and the Duration of Trade,” Canadian Journal of Economics (2006), 39(1): 266-295 |
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