Active on many foreign markets. A portrait of German multi-market exporters and importers from manufacturing industries
Publikation: Arbeits- oder Diskussionspapiere und Berichte › Arbeits- oder Diskussionspapiere
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Active on many foreign markets. A portrait of German multi-market exporters and importers from manufacturing industries. / Wagner, Joachim.
Lüneburg : Institut für Volkswirtschaftslehre der Universität Lüneburg, 2017. (Working Paper Series in Economics; Nr. 368).Publikation: Arbeits- oder Diskussionspapiere und Berichte › Arbeits- oder Diskussionspapiere
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TY - UNPB
T1 - Active on many foreign markets.
T2 - A portrait of German multi-market exporters and importers from manufacturing industries
AU - Wagner, Joachim
PY - 2017/1
Y1 - 2017/1
N2 - This paper uses information on more than 160 million export and import transactions by German firms from 2009 to 2012 to document the deci sive role of multi-market traders that are active on many foreign markets, where a market is defined as a combination of a good traded and a country traded with. Using merged information from trade transactions and from surveys conducted by the statistical offices it is shown that, controlling for detailed industry affiliation, the number of foreign markets a firm from manufacturing industries is active on as an exporter or importer is higher in firms that are larger, older and foreign owned and that have higher labor productivity, human capital intensity and R&D intensity. With the exception of labor productivity these results are valid ceteris paribus, too. All these empirical results are in line with hypotheses that are derived from the l iterature on the links between firm characteristics and the extensive margins of foreign trade.
AB - This paper uses information on more than 160 million export and import transactions by German firms from 2009 to 2012 to document the deci sive role of multi-market traders that are active on many foreign markets, where a market is defined as a combination of a good traded and a country traded with. Using merged information from trade transactions and from surveys conducted by the statistical offices it is shown that, controlling for detailed industry affiliation, the number of foreign markets a firm from manufacturing industries is active on as an exporter or importer is higher in firms that are larger, older and foreign owned and that have higher labor productivity, human capital intensity and R&D intensity. With the exception of labor productivity these results are valid ceteris paribus, too. All these empirical results are in line with hypotheses that are derived from the l iterature on the links between firm characteristics and the extensive margins of foreign trade.
KW - Economics
KW - exports
KW - imports
KW - transaction level data
KW - Germany
M3 - Working papers
T3 - Working Paper Series in Economics
BT - Active on many foreign markets.
PB - Institut für Volkswirtschaftslehre der Universität Lüneburg
CY - Lüneburg
ER -