The exporter productivity premium along the productivity distribution: Evidence from quantile regression with nonadditive firm fixed effects

Publikation: Beiträge in SammelwerkenKapitelbegutachtet

Standard

The exporter productivity premium along the productivity distribution: Evidence from quantile regression with nonadditive firm fixed effects. / Powell, David; Wagner, Joachim.
Microeconometric Studies Of Firms Imports And Exports: Advanced Methods Of Analysis And Evidence From German Enterprises. Hrsg. / Joachim Wagner. World Scientific Publishing Co., 2021. S. 121-149.

Publikation: Beiträge in SammelwerkenKapitelbegutachtet

Harvard

Powell, D & Wagner, J 2021, The exporter productivity premium along the productivity distribution: Evidence from quantile regression with nonadditive firm fixed effects. in J Wagner (Hrsg.), Microeconometric Studies Of Firms Imports And Exports: Advanced Methods Of Analysis And Evidence From German Enterprises. World Scientific Publishing Co., S. 121-149. https://doi.org/10.1142/9781786349699_0009

APA

Powell, D., & Wagner, J. (2021). The exporter productivity premium along the productivity distribution: Evidence from quantile regression with nonadditive firm fixed effects. In J. Wagner (Hrsg.), Microeconometric Studies Of Firms Imports And Exports: Advanced Methods Of Analysis And Evidence From German Enterprises (S. 121-149). World Scientific Publishing Co.. https://doi.org/10.1142/9781786349699_0009

Vancouver

Powell D, Wagner J. The exporter productivity premium along the productivity distribution: Evidence from quantile regression with nonadditive firm fixed effects. in Wagner J, Hrsg., Microeconometric Studies Of Firms Imports And Exports: Advanced Methods Of Analysis And Evidence From German Enterprises. World Scientific Publishing Co. 2021. S. 121-149 doi: 10.1142/9781786349699_0009

Bibtex

@inbook{f56a3abafec84de5b90fc16c884900a1,
title = "The exporter productivity premium along the productivity distribution: Evidence from quantile regression with nonadditive firm fixed effects",
abstract = "A vast literature on the international activities of heterogeneous firms finds the existence of a positive exporter productivity premium. On average, exporting firms are more productive than firms that sell on the national market only. The Melitz [2003] model, however, has implications for not only mean differences but also differences in the distribution of productivity. Furthermore, exporting firms may be different from non-exporting firms for reasons that are not included in the Melitz model. We believe that conditioning on firm fixed effects and studying the distribution of productivity are both necessary for empirical tests of the Melitz model. This paper is the first to introduce such a method by employing a new quantile estimation technique for panel data introduced in Powell [2013]. We find that the premium is positive at all productivity levels, but highest at the lowest quantiles. These results support theoretical models which suggest that there is a division in productivity between exporters and non-exporters.",
keywords = "Exporter productivity premium, Panel data, Quantile treatment effects, Economics",
author = "David Powell and Joachim Wagner",
year = "2021",
month = feb,
day = "25",
doi = "10.1142/9781786349699_0009",
language = "English",
isbn = "9781786349682",
pages = "121--149",
editor = "Joachim Wagner",
booktitle = "Microeconometric Studies Of Firms Imports And Exports",
publisher = "World Scientific Publishing Co.",
address = "United States",

}

RIS

TY - CHAP

T1 - The exporter productivity premium along the productivity distribution

T2 - Evidence from quantile regression with nonadditive firm fixed effects

AU - Powell, David

AU - Wagner, Joachim

PY - 2021/2/25

Y1 - 2021/2/25

N2 - A vast literature on the international activities of heterogeneous firms finds the existence of a positive exporter productivity premium. On average, exporting firms are more productive than firms that sell on the national market only. The Melitz [2003] model, however, has implications for not only mean differences but also differences in the distribution of productivity. Furthermore, exporting firms may be different from non-exporting firms for reasons that are not included in the Melitz model. We believe that conditioning on firm fixed effects and studying the distribution of productivity are both necessary for empirical tests of the Melitz model. This paper is the first to introduce such a method by employing a new quantile estimation technique for panel data introduced in Powell [2013]. We find that the premium is positive at all productivity levels, but highest at the lowest quantiles. These results support theoretical models which suggest that there is a division in productivity between exporters and non-exporters.

AB - A vast literature on the international activities of heterogeneous firms finds the existence of a positive exporter productivity premium. On average, exporting firms are more productive than firms that sell on the national market only. The Melitz [2003] model, however, has implications for not only mean differences but also differences in the distribution of productivity. Furthermore, exporting firms may be different from non-exporting firms for reasons that are not included in the Melitz model. We believe that conditioning on firm fixed effects and studying the distribution of productivity are both necessary for empirical tests of the Melitz model. This paper is the first to introduce such a method by employing a new quantile estimation technique for panel data introduced in Powell [2013]. We find that the premium is positive at all productivity levels, but highest at the lowest quantiles. These results support theoretical models which suggest that there is a division in productivity between exporters and non-exporters.

KW - Exporter productivity premium

KW - Panel data

KW - Quantile treatment effects

KW - Economics

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UR - https://www.mendeley.com/catalogue/2b44241c-e921-3ed3-97c8-d1d726c3cfea/

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DO - 10.1142/9781786349699_0009

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AN - SCOPUS:85109732488

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EP - 149

BT - Microeconometric Studies Of Firms Imports And Exports

A2 - Wagner, Joachim

PB - World Scientific Publishing Co.

ER -

DOI