4.4 Article

Explaining the decision to export: evidence from UK firms

Journal

APPLIED ECONOMICS LETTERS
Volume 11, Issue 3, Pages 153-158

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ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
DOI: 10.1080/1350485042000203760

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In this study the determinants of export probability are investigated for a panel of 2134 UK firms between 1988 and 2001. Firm size, product diversification, innovation and human-capital are all found to increase the probability of exporting. It is also found that the variance of the sterling-dollar rate has a positive effect on export probability in a majority of industries, lending support to stock option theories of export behaviour.

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