The Importance of Sunk Costs of Exporting in the Sub-Saharan Africa
Foreign trade is an important part in Africa’s internationalization process. In order to assess the entrepreneurial possibilities in Sub Saharan Africa, one can look at firm’s probability of entering the export market. The aim of this paper is to examine the importance of sunk costs of exporting for Sub Saharan African firms. This is done by assessing the importance of past export performance on t
