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Avinash Dixit Baldwin capital stock coefficients Colombian manufacturing column Daniel McFadden decision to export depreciates Dixit Dummy dynamic effect entry and exit entry or exit equation estimates exchange rate exit costs expected profits export behavior export market experience export market participation export participation export supply function exporting status February 1995 February foreign markets Heckman hypothesis that sunk hysteresis model implies likelihood function likelihood ratio test major exporting industries manufacturing plants market conditions never exported null hypothesis observable plant characteristics Panel Data paper parameter participation condition participation decision past participation patterns of export Paul Krugman percent persistence plant heterogeneity plant that exported plant-specific plants that last probability of exporting producers proportion of plants re-entry costs Richard Baldwin sample period serial correlation Specification Tests stochastic processes structure substantial summarize sunk costs sunk entry costs switch once Table trade flows trajectories Tybout U.S. Dollars uncertainty value of exports variation vector World Bank