000			01139nam a22001457a 4500
999			_c517358 _d517358
008			210710b ||||| |||| 00| 0 eng d
100			_aBlum, B.S. at al _926438
245			_aThe DNA of new exporters: Spin-offs and FDI at the extensive margin of trade
260			_aThe American Economic Review: Insights
300			_a 2(3), Sep, 2020: p.397-408
520			_aOther than that new exporters account for a large part of aggregate export growth, we know little else. We document that aggregate export growth in Chile is driven by only a few new exporters. These exporters are new business entities, operate new plants, and behave much like experienced exporters: they start large and have high survival rates. Moreover, 70 percent of these new firms are owned by existing businesses and are likely the by-product of either domestic spin-offs or foreign direct investment (24 percent). By focusing on the average new exporter, the existing models of new exporter dynamics miss these key features of export growth. - Reproduced
773			_aThe American Economic Review: Insights
906			_aFOREIGN DIRECT INVESTMENT
942			_cAR