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On the Micro-Structure of the German Export Boom: Evidence from Establishment Panel Data, 1995 - 2002 31
Wagner, Joachim.
This paper uses an unbalanced panel data set for exporting firms from manufacturing industries in one German federal state, Lower Saxony, to investigate the micro-structure of the recent export boom. Looking at data for 1995/96 to 2001/02 it is demonstrated that a considerable number of plants starts and stops exporting in each year, but that most of the export dynamics is due to positive and negative changes of exports in plants that continue to export. A small fraction made of four to five percent of all exporting plants is responsible for around 70 to 80 percent of the gross increase in exports. Firms with expanding and contracting exports are found simultaneously in all broad sectors, technology classes and firm size classes. Patterns of export...
Tipo: Working or Discussion Paper Palavras-chave: Exports; Business cycle; Establishment panel data; International Relations/Trade; F14; E32.
Ano: 2003 URL: http://purl.umn.edu/26134
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Unobserved Firm Heterogeneity and the Size - Exports Nexus: Evidence from German Panel Data 31
Wagner, Joachim.
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 ceteris paribus increases (at a decreasing rate) with firm size vanishes if unobserved firm heterogeneity is controlled for in a fixed effects fractional logit regression model. This finding is well in line with the fact that many small firms are "hidden export champions". Das Papier geht von dem stilisierten Faktum aus, dass Unternehmensgröße und Exportorientierung positiv miteinander zusammenhängen. Auf der Grundlage eines umfangreichen Betriebsdatensatzes der amtlichen...
Tipo: Working or Discussion Paper Palavras-chave: Exports; Firm size; Establishment panel data; Fractional logit regression; International Relations/Trade; F10; D21; L60.
Ano: 2002 URL: http://purl.umn.edu/26250
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