Financial health, exports, and firm survival: evidence from UK and French firms

Görg, H. and Spaliara, M.-E. (2014) Financial health, exports, and firm survival: evidence from UK and French firms. Economica, 81(323), pp. 419-444. (doi:10.1111/ecca.12080)

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Publisher's URL: http://dx.doi.org/10.1111/ecca.12080

Abstract

We use firm-level data for the UK and France to assess the role of exporting in the link between financial health and firm survival. We examine whether firms at different stages of export activity (starters, exiters, continuers, switchers) react differently to changes in financial variables. In general, export starters and exiters experience much stronger adverse effects of financial constraints for their survival prospects. By contrast, the exit probability of continuous exporters and export switchers is less negatively affected by financial characteristics. These relationships between exporting, finance and survival are broadly similar in the UK and French samples.

Item Type:Articles
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Spaliara, Dr Marina Eliza
Authors: Görg, H., and Spaliara, M.-E.
Subjects:H Social Sciences > HG Finance
College/School:College of Social Sciences > Adam Smith Business School > Economics
Journal Name:Economica
Publisher:Wiley
ISSN:0013-0427
ISSN (Online):1468-0335
Published Online:10 February 2014
Copyright Holders:Copyright © 2014 The London School of Economics and Political Science
First Published:First published in Economica 81(323):419-444
Publisher Policy:Reproduced in accordance with the copyright policy of the publisher

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