TY - JOUR

T1 - Is export diversification good for profitability?

T2 - First evidence for manufacturing enterprises in Germany

AU - Wagner, Joachim

PY - 2014/11/15

Y1 - 2014/11/15

N2 - This article uses a tailor-made newly available data set for enterprises from manufacturing industries in Germany to investigate for the first time the links between export diversification over destination countries and goods on the one hand and the profitability of the exporting firms on the other hand. We find that profits tend to be larger in firms with less diversified export sales over goods and in firms with more diversified export sales over destination countries.

AB - This article uses a tailor-made newly available data set for enterprises from manufacturing industries in Germany to investigate for the first time the links between export diversification over destination countries and goods on the one hand and the profitability of the exporting firms on the other hand. We find that profits tend to be larger in firms with less diversified export sales over goods and in firms with more diversified export sales over destination countries.

KW - Economics

KW - diversification

KW - exports

KW - Germany

KW - profitability

UR - http://www.scopus.com/inward/record.url?scp=85027947714&partnerID=8YFLogxK

U2 - 10.1080/00036846.2014.950797

DO - 10.1080/00036846.2014.950797

M3 - Journal articles

VL - 46

SP - 4083

EP - 4090

JO - Applied Economics

JF - Applied Economics

SN - 0003-6846

IS - 33

ER -