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Are importing and exporting complements or substitutes in an emerging economy? The case of Colombia

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Are importing and exporting complements or substitutes in an emerging economy? The case of Colombia

dc.contributor.author	Gómez Sánchez, Andrés Mauricio
dc.contributor.author	Máñez Castillejo, Juan Antonio
dc.contributor.author	Sanchis Llopis, Juan Alberto
dc.date.accessioned	2022-04-11T11:48:09Z
dc.date.available	2022-04-12T04:45:06Z
dc.date.issued	2021	es_ES
dc.identifier.citation	Gómez-Sánchez, A. M., Mañez, J. A., & Sanchis-Llopis, J. A. (2021). Are importing and exporting complements or substitutes in an emerging economy? The case of Colombia. Review of International Economics, 00, 1– 17, Wiley	es_ES
dc.identifier.uri	https://hdl.handle.net/10550/82271
dc.description.abstract	The aim of this paper is to investigate the impact of two trading strategies (exporting and importing) on total factor productivity (TFP) and the potential complementarity/substitutability effects of these strategies. In order to assess these effects, robust estimates of TFP are obtained using a general method of moments approach that explicitly determines the ability of a firm's trading experience to affect productivity. Data from the Annual Manufacturing Survey spanning from 2007 to 2016 is used for Colombian manufacturing firms. Our estimation results suggest that, regardless of the technological intensity of the industry in which the firm operates, active trading strategies (exporting only, importing only, both importing and exporting) pay positive rewards in terms of productivity. Nevertheless, whilst positive (complementary) synergies are found between exporting and importing for firms in med/high-tech sectors, for firms operating in low-tech and med/low-tech sectors, importing and exporting appear to be substitutes.	es_ES
dc.language.iso	en	es_ES
dc.subject	complementarity	es_ES
dc.subject	export	es_ES
dc.subject	imports	es_ES
dc.subject	productivity	es_ES
dc.subject	substitutability	es_ES
dc.title	Are importing and exporting complements or substitutes in an emerging economy? The case of Colombia	es_ES
dc.type	journal article	es_ES
dc.subject.unesco	UNESCO::CIENCIAS ECONÓMICAS	es_ES
dc.identifier.doi	10.1111/roie.12582	es_ES
dc.accrualmethod	S	es_ES
dc.embargo.terms	0 days	es_ES