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This paper uses comprehensive high-quality panel data from official statistics for exporting enterprises to investigate the micro-structure of the recent export collapse in manufacturing industries in Germany during the crisis of 2008/2009. Almost all of the decline in exports was due to...
Persistent link: https://www.econbiz.de/10009708025
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A stylized fact from the emerging literature on the micro-econometrics of international trade and a central implication of the heterogeneous firm models from the new new trade theory is that exporters are more productive than non-exporters. However, many firms from the lower end of the...
Persistent link: https://www.econbiz.de/10010239335
This note uses a new tailor-made data set to investigate the link between firm age and the extensive and intensive margins of exports empirically for the first time for Germany. Results turn out to be fully in line with the theoretical considerations. Older firms are more often exporters, export...
Persistent link: https://www.econbiz.de/10010379970
Business managers are well aware of the fact that credit constraints can hamper or even prevent exporting. Economists only recently started to incorporate these arguments in theoretical models of heterogeneous firms and to test the implications of these models econometrically with firm-level...
Persistent link: https://www.econbiz.de/10010211930
This paper uses comparable firm level data from France, Italy and Spain to test a hypothesis derived by Bustos (AER 2011) in a model that explains the decision of heterogeneous firms to export and to engage in R&D. Using a non-parametric test for first order stochastic dominance it is shown...
Persistent link: https://www.econbiz.de/10010411417
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Reliable information on the characteristics of exporting and non-exporting firms is important to guide theorists and policy makers in an evidence based way. This holds true especially for Germany, a leading actor on the world markets for goods and services. This paper makes three contributions...
Persistent link: https://www.econbiz.de/10009153606
This paper starts from the stylized fact that firm size and exporting tends to be positively related. Using large sets of establishment panel data for three different industries from official statistics, evidence is presented that the familiar picture of an export/sales ratio that increases (at...
Persistent link: https://www.econbiz.de/10001763048
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