Time zones and German exports: First evidence from firm-product level data
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Time zones and German exports : First evidence from firm-product level data. / 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. 391-412.Publikation: Beiträge in Sammelwerken › Kapitel › begutachtet
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TY - CHAP
T1 - Time zones and German exports
T2 - First evidence from firm-product level data
AU - Wagner, Joachim
PY - 2021/2/25
Y1 - 2021/2/25
N2 - This paper uses a tailor-made new data set of 3,390,871 observations for German exports to non-EU countries at the firm-product-destination level in 2011 to investigate the link between the amount of firms' exports and the difference in time zones between Germany and the destination countries. The results indicate that including firm and product level heterogeneity is important. When distance to destination countries is controlled for, time zones only decrease exports for smaller exporters and for intermediate goods. The quantity of exports declines with increasing time difference within a firm for a given product for exports to the West (where time difference to Germany is negative) but not the East.
AB - This paper uses a tailor-made new data set of 3,390,871 observations for German exports to non-EU countries at the firm-product-destination level in 2011 to investigate the link between the amount of firms' exports and the difference in time zones between Germany and the destination countries. The results indicate that including firm and product level heterogeneity is important. When distance to destination countries is controlled for, time zones only decrease exports for smaller exporters and for intermediate goods. The quantity of exports declines with increasing time difference within a firm for a given product for exports to the West (where time difference to Germany is negative) but not the East.
KW - Distance
KW - Exports
KW - Germany
KW - Gravity equation
KW - Time zone
KW - Economics
UR - http://www.scopus.com/inward/record.url?scp=85109635575&partnerID=8YFLogxK
UR - https://www.mendeley.com/catalogue/8222dcab-aec9-3778-a10d-0fa40052758a/
U2 - 10.1142/9781786349699_0022
DO - 10.1142/9781786349699_0022
M3 - Chapter
AN - SCOPUS:85109635575
SN - 9781786349682
SP - 391
EP - 412
BT - Microeconometric Studies Of Firms Imports And Exports
A2 - Wagner, Joachim
PB - World Scientific Publishing Co.
ER -