Essays about: "export hysteresis"
Found 2 essays containing the words export hysteresis.
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1. The importance of sunk costs of exporting in risky situations
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : This paper investigates if the importance of sunk costs differs between markets with different exchange rate risk. First, it examines the importance of sunk costs on the export participation decision by estimating the effect the previous export status has on the current export decision. READ MORE
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2. International linkages and sunk costs of exporting
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : Trade costs and sunk export costs play a crucial role in defining trade flows between countries and, directly, affect firms’ strategic decisions in terms of international expansion. Trade costs include all the costs attached to a delivery of good to a final user and, thus, incorporate transportation costs, policy barriers, information costs, contract costs and currency costs. READ MORE