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Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/199861
Export Destination and Firm Upgrading: Evidence from Spain
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This paper examines the role of export destinations on firm upgrading. I exploit the real effective exchange rate devaluation in Spain during the Great Recession to identify the unusual export performance of manufacturing firms. Using directly observable measures of firm upgrading, I find that increased share of exports to low-income destinations in sales reduced productivity and upgrading efforts of firms. However, real effective exchange rate devaluation did not affect the share of exports to high-income destinations in sales as well as productivity and upgrading efforts. The results are consistent with the quality sorting hypothesis that suggests a positive relationship between firm productivity and product quality. The findings in this paper emphasize that export market destination is an important determinant in analysing the gains from exportin
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CILEKOGLU, Akin A. Export Destination and Firm Upgrading: Evidence from Spain. IREA – Working Papers. 2023. Vol. IR23/06. [consulted: 14 of August of 2026]. Available at: https://hdl.handle.net/2445/199861