Exports and Firm Characteristics in German Manufacturing Industries: New Evidence from Representative Panel Data
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Microeconometrics of International Trade. ed. / Joachim Wagner. World Scientific Publishing Co., 2016. p. 91-137 (World Scientific Studies in international Economics; Vol. 52).
Research output: Contributions to collected editions/works › Chapter › peer-review
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TY - CHAP
T1 - Exports and Firm Characteristics in German Manufacturing Industries
T2 - New Evidence from Representative Panel Data
AU - Wagner, Joachim
N1 - Publisher Copyright: © 2016 by World Scientific Publishing Co. Pte. Ltd.
PY - 2016/6/21
Y1 - 2016/6/21
N2 - Germany is one of the leading actors in the world market for manufactured goods but not every firm from a manufacturing industry in Germany is an exporter. In 2006, the share of exporters in all enterprises was 69 percent in West Germany and 52 percent in East Germany. Reliable information on the characteristics of exporting and non-exporting firms is important to guide theorists and policy makers in an evidence-based way. This chapter uses recently released rich high quality data for a large representative panel of enterprises from German manufacturing industries to investigate the links between firm-characteristics and export activities, demonstrating the decisive role of human capital intensity for exporting. It links these findings to the recent literature from the new new trade theory on international activities of heterogeneous firms that emphasizes the role of productivity for exporting. It shows that productivity is important for exporting as is hypothesized in the formal theoretical models, but that contrary to the assumption made in these models productivity is not (only) the result from a random draw from the productivity distribution - it is strongly positively related to human capital intensity.
AB - Germany is one of the leading actors in the world market for manufactured goods but not every firm from a manufacturing industry in Germany is an exporter. In 2006, the share of exporters in all enterprises was 69 percent in West Germany and 52 percent in East Germany. Reliable information on the characteristics of exporting and non-exporting firms is important to guide theorists and policy makers in an evidence-based way. This chapter uses recently released rich high quality data for a large representative panel of enterprises from German manufacturing industries to investigate the links between firm-characteristics and export activities, demonstrating the decisive role of human capital intensity for exporting. It links these findings to the recent literature from the new new trade theory on international activities of heterogeneous firms that emphasizes the role of productivity for exporting. It shows that productivity is important for exporting as is hypothesized in the formal theoretical models, but that contrary to the assumption made in these models productivity is not (only) the result from a random draw from the productivity distribution - it is strongly positively related to human capital intensity.
KW - Exports
KW - firm characteristics
KW - Germany
UR - http://www.scopus.com/inward/record.url?scp=85135663397&partnerID=8YFLogxK
UR - https://www.mendeley.com/catalogue/70784215-52ed-3f8a-abf7-b01667d10505/
U2 - 10.1142/9789813109698_0003
DO - 10.1142/9789813109698_0003
M3 - Chapter
AN - SCOPUS:85135663397
SN - 9789813109681
T3 - World Scientific Studies in international Economics
SP - 91
EP - 137
BT - Microeconometrics of International Trade
A2 - Wagner, Joachim
PB - World Scientific Publishing Co.
ER -