Using comprehensive data for West Germany, this paper investigates the determinants of establishment exit. We find that between 1975 and 2006 the average exit rate has risen considerably. In order to test various "liabilities" of establishment survival identified in the literature, we analyze...

This study reports results from an empirical investigation of business services sector firms that (start to) export, comparing exporters to firms that serve the national market only. We estimate identically specified empirical models using comparable enterprise level data from France, Germany,...

With this paper we present the fi rst microeconometric analysis of the impact of a foreign acquisition on the target fi rms' access to fi nance. By using a large database of German firms we furthermore investigate for the first time the link between foreign ownership and access to finance in...