Does it pay to be active on many foreign markets? profitability in german multi-market exporters and importers from manufacturing industries

Research output: Contributions to collected editions/worksChapterResearchpeer-review

Standard

Does it pay to be active on many foreign markets? profitability in german multi-market exporters and importers from manufacturing industries. / Wagner, Joachim.

Microeconometric Studies Of Firms Imports And Exports: Advanced Methods Of Analysis And Evidence From German Enterprises. ed. / Joachim Wagner. World Scientific Publishing Co., 2021. p. 413-427.

Research output: Contributions to collected editions/worksChapterResearchpeer-review

Harvard

Wagner, J 2021, Does it pay to be active on many foreign markets? profitability in german multi-market exporters and importers from manufacturing industries. in J Wagner (ed.), Microeconometric Studies Of Firms Imports And Exports: Advanced Methods Of Analysis And Evidence From German Enterprises. World Scientific Publishing Co., pp. 413-427. https://doi.org/10.1142/9781786349699_0023

APA

Wagner, J. (2021). Does it pay to be active on many foreign markets? profitability in german multi-market exporters and importers from manufacturing industries. In J. Wagner (Ed.), Microeconometric Studies Of Firms Imports And Exports: Advanced Methods Of Analysis And Evidence From German Enterprises (pp. 413-427). World Scientific Publishing Co.. https://doi.org/10.1142/9781786349699_0023

Vancouver

Wagner J. Does it pay to be active on many foreign markets? profitability in german multi-market exporters and importers from manufacturing industries. In Wagner J, editor, Microeconometric Studies Of Firms Imports And Exports: Advanced Methods Of Analysis And Evidence From German Enterprises. World Scientific Publishing Co. 2021. p. 413-427 https://doi.org/10.1142/9781786349699_0023

Bibtex

@inbook{88e7951de07948b0abf1dbad467bd7b6,
title = "Does it pay to be active on many foreign markets? profitability in german multi-market exporters and importers from manufacturing industries",
abstract = "This paper provides the first empirical evidence on the link between the number of foreign markets (where a market is defined as the combination of one traded good and one country traded with) a firm is active on and its profitability. We find that in German manufacturing industries the profitability of a firm is neither positively nor negatively related to the number of foreign markets. The extra costs associated with being active on more foreign markets tend to be balanced by the extra benefits. Therefore, we have evidence that it does not pay to be active on many foreign markets.",
keywords = "Exports, Germany, Imports, Number of foreign markets, Profitability, Economics",
author = "Joachim Wagner",
year = "2021",
month = feb,
day = "25",
doi = "10.1142/9781786349699_0023",
language = "English",
isbn = "9781786349682",
pages = "413--427",
editor = "Joachim Wagner",
booktitle = "Microeconometric Studies Of Firms Imports And Exports",
publisher = "World Scientific Publishing Co.",
address = "United States",

}

RIS

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T1 - Does it pay to be active on many foreign markets? profitability in german multi-market exporters and importers from manufacturing industries

AU - Wagner, Joachim

PY - 2021/2/25

Y1 - 2021/2/25

N2 - This paper provides the first empirical evidence on the link between the number of foreign markets (where a market is defined as the combination of one traded good and one country traded with) a firm is active on and its profitability. We find that in German manufacturing industries the profitability of a firm is neither positively nor negatively related to the number of foreign markets. The extra costs associated with being active on more foreign markets tend to be balanced by the extra benefits. Therefore, we have evidence that it does not pay to be active on many foreign markets.

AB - This paper provides the first empirical evidence on the link between the number of foreign markets (where a market is defined as the combination of one traded good and one country traded with) a firm is active on and its profitability. We find that in German manufacturing industries the profitability of a firm is neither positively nor negatively related to the number of foreign markets. The extra costs associated with being active on more foreign markets tend to be balanced by the extra benefits. Therefore, we have evidence that it does not pay to be active on many foreign markets.

KW - Exports

KW - Germany

KW - Imports

KW - Number of foreign markets

KW - Profitability

KW - Economics

UR - http://www.scopus.com/inward/record.url?scp=85109704286&partnerID=8YFLogxK

U2 - 10.1142/9781786349699_0023

DO - 10.1142/9781786349699_0023

M3 - Chapter

AN - SCOPUS:85109704286

SN - 9781786349682

SP - 413

EP - 427

BT - Microeconometric Studies Of Firms Imports And Exports

A2 - Wagner, Joachim

PB - World Scientific Publishing Co.

ER -