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Keywords:Morocco 

Working Paper
Is \"learning-by-exporting\" important? Micro-dynamic evidence from Colombia, Mexico and Morocco

Is there any empirical evidence that firms become more efficient after becoming exporters? Do firms that become exporters generate positive spillovers for domestically-oriented producers in their industry or region? In this paper we analyze the causal links between exporting and productivity using firm-level panel data from three semi-industrialized economies. Representing export market participation and production costs as jointly dependent autoregressive processes, we look for evidence that firms' stochastic cost process shifts when they break into foreign markets. We find that relatively ...
Finance and Economics Discussion Series , Paper 96-30

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