Gopinath, Munisamy; Kim, Hanho; Kim, Sooil - Agricultural and Applied Economics Association - AAEA - 2006
In this article, we analyze the export decision of Korean manufacturing firms with emphasis on those in the food processing sector. A dynamic discrete choice model based on sunk (entry or exit) costs is specified for export behavior. Data for 1996-2002 on 1022 Korean firms, of which 95 are in...