Exports, firm size, and firm dynamics
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Exports, firm size, and firm dynamics. / Wagner, Joachim.
In: Small Business Economics, Vol. 7, No. 1, 01.02.1995, p. 29-39.Research output: Journal contributions › Journal articles › Research › peer-review
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TY - JOUR
T1 - Exports, firm size, and firm dynamics
AU - Wagner, Joachim
PY - 1995/2/1
Y1 - 1995/2/1
N2 - This paper explores the relationships between exports, firm size, and firm dynamics. It is based on a unique longitudinal data set collected at the establishment level, covering some 7000 manufacturing German firms. We present stylized facts on exports and firm size, showing that the probability that a firm is an exporter increases with firm size; however, there are many successful exporters among small firms, and non-exporters among larger firms, too, while most of the exports are from the top size groups of firms. An econometric study shows a picture that is consistent with theoretical considerations: The impact of firm size on exports is positive but decreasing, while human capital intensity, domestic market share, and advanced technology all have a positive influence on the export performance of a firm. Firm growth and export performance are positively related, as is expected from a model of a price-discriminating monopolist.
AB - This paper explores the relationships between exports, firm size, and firm dynamics. It is based on a unique longitudinal data set collected at the establishment level, covering some 7000 manufacturing German firms. We present stylized facts on exports and firm size, showing that the probability that a firm is an exporter increases with firm size; however, there are many successful exporters among small firms, and non-exporters among larger firms, too, while most of the exports are from the top size groups of firms. An econometric study shows a picture that is consistent with theoretical considerations: The impact of firm size on exports is positive but decreasing, while human capital intensity, domestic market share, and advanced technology all have a positive influence on the export performance of a firm. Firm growth and export performance are positively related, as is expected from a model of a price-discriminating monopolist.
KW - Economics
UR - http://www.scopus.com/inward/record.url?scp=21844496142&partnerID=8YFLogxK
UR - https://www.mendeley.com/catalogue/c586acbf-52ca-328f-a465-d09259944306/
U2 - 10.1007/BF01074314
DO - 10.1007/BF01074314
M3 - Journal articles
VL - 7
SP - 29
EP - 39
JO - Small Business Economics
JF - Small Business Economics
SN - 0921-898X
IS - 1
ER -