Export Entrepreneurship and Trade Structure in Latin America during Good and Bad Times

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dc.creatorGutierrez-Rocha, Mario
dc.creatorFernandes, Ana M.
dc.creatorLederman, Daniel
dc.date2013-09-04T13:55:12Z
dc.date2013-09-04T13:55:12Z
dc.date2013-04
dc.date.accessioned2026-07-01T00:55:37Z
dc.descriptionThe authors use a new dataset on export transactions for a large set of Latin American and Caribbean and comparator countries to assess the extent of "export entrepreneurship" during periods of fast export growth (2005-2007) and depressed external demand (2008-2009). Export entrepreneurship is equated with the extensive margin of exports, namely the advent of new exporting firms, new export products, and new export market destinations. The main findings are: (1) annual exporter entry, exit, and survival rates in Latin America and the Caribbean are quite similar to what is observed in other countries, and entry rates across sectors are quite similar but survival rates appear to be highest in agriculture; (2) the relative size of entrants into export markets (relative to incumbents) tended to be lower for natural resource-abundant countries during 2005-2007, but less so during the crisis years of 2008-2009; (3) entry rates tend to be lower in sectors in which a country has revealed comparative advantage, however, exit rates and survival rates of new exporters are higher in those sectors; and (4) the low growth of exports during the global recession of 2008-2009 in Latin America and the Caribbean was due to lower growth in exports of incumbent firms' pre-existing products and destinations, while new products and destinations tended to attenuate the recession's effects. Overall, the data suggest that the Latin American and Caribbean region appears to be no less entrepreneurial in terms of the extensive margins of exports than comparator countries.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2013/04/17595171/export-entrepreneurship-trade-structure-latin-america-during-good-bad-times-export-entrepreneurship-trade-structure-latin-america-during-good-bad-times
dc.identifierhttps://hdl.handle.net/10986/15549
dc.identifierhttps://doi.org/10.1596/1813-9450-6413
dc.identifier.urihttp://hdl.handle.net/123456789/413055
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Washington, DC
dc.relationPolicy Research Working Paper;No. 6413
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectACCOUNTING
dc.subjectAGRICULTURAL COMMODITIES
dc.subjectANNUAL GROWTH
dc.subjectAPPAREL
dc.subjectCD
dc.subjectCOMMODITY PRICES
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCONSOLIDATION
dc.subjectCOUNTRY COMPARISONS
dc.subjectCOUNTRY OF DESTINATION
dc.subjectCOUNTRY OF ORIGIN
dc.subjectDEVELOPING COUNTRIES
dc.subjectDOMESTIC MARKETS
dc.subjectDURABLE
dc.subjectECONOMIES OF SCALE
dc.subjectEMERGING ECONOMIES
dc.subjectEXCHANGE RATES
dc.subjectEXPORT DYNAMICS
dc.subjectEXPORT FLOWS
dc.subjectEXPORT GROWTH
dc.subjectEXPORT MARKET
dc.subjectEXPORT MARKETS
dc.subjectEXPORT PROCESSING
dc.subjectEXPORT PROCESSING ZONES
dc.subjectEXPORT VALUE
dc.subjectEXPORTER
dc.subjectEXPORTERS
dc.subjectEXTERNAL DEMAND
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL SUPPORT
dc.subjectFREE TRADE
dc.subjectFREE TRADE AGREEMENT
dc.subjectGROWTH RATE
dc.subjectGROWTH RATES
dc.subjectHIGH-INCOME COUNTRIES
dc.subjectINSURANCE
dc.subjectINTERNATIONAL BANK
dc.subjectINTERNATIONAL FINANCIAL STATISTICS
dc.subjectINTERNATIONAL TRADE
dc.subjectLOCAL CURRENCY
dc.subjectLOW-INCOME COUNTRIES
dc.subjectMANUFACTURED EXPORTS
dc.subjectMATURITY
dc.subjectMERCHANDISE
dc.subjectMERCHANDISE EXPORTS
dc.subjectMICRO DATA
dc.subjectMULTINATIONAL FIRMS
dc.subjectNATURAL RESOURCE
dc.subjectNATURAL RESOURCES
dc.subjectNET EXPORTER
dc.subjectNET EXPORTERS
dc.subjectNET EXPORTS
dc.subjectOPEN TRADE REGIME
dc.subjectPOVERTY REDUCTION
dc.subjectRAPID GROWTH
dc.subjectRECESSION
dc.subjectTAX
dc.subjectTOTAL EXPORT
dc.subjectTOTAL EXPORTS
dc.subjectTRADE FLOW DATA
dc.subjectTRADE REGIME
dc.subjectTRADE STATISTICS
dc.subjectTRADE STRUCTURE
dc.subjectTRADE STRUCTURES
dc.subjectTRANSACTION
dc.subjectTRUST FUND
dc.subjectTURNOVER
dc.subjectUNCERTAINTY
dc.subjectVALUE OF EXPORTS
dc.subjectWAREHOUSES
dc.subjectWORLD DEVELOPMENT INDICATORS
dc.titleExport Entrepreneurship and Trade Structure in Latin America during Good and Bad Times

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