Exports, imports and profitability: First evidence for manufacturing enterprises

Research output: Working paperWorking papers

Authors

This paper documents for the first time the relationship between profitability and three types of international trade activities – exports, imports and two-way trade. It uses unique new representative data for manufacturing enterprises from Germany, one of the leading actors on the world market for goods, that merge information from surveys performed by the Statistical Offices and administrative data collected by the Tax Authorities. Descriptive statistics and regression analysis (with and without controlling for unobserved firm heterogeneity and the role of outliers) point to the absence of any statistically significant and economically large effects of trade
activities on profits. This demonstrates that any productivity advantages of trading
firms are eaten up by extra costs related to selling and buying on foreign markets.
Original languageEnglish
Place of PublicationLüneburg
PublisherInstitut für Volkswirtschaftslehre der Universität Lüneburg
Number of pages32
Publication statusPublished - 06.2011

Documents

Recently viewed

Publications

  1. Rezension von "200 Jahre Nationalphilologien. Von der Romantik zur Globalisierung"
  2. Enhancing firm performance and innovativeness through error management culture
  3. European electricity sector decarbonization under different levels of foresight
  4. The Environmental and Economic Effects of European Emissions Trading in Germany
  5. Surveying the FAIRness of Annotation Tools: Difficult to find, difficult to reuse
  6. Effekte fachdidaktischer Ansätze auf den Schriftspracherwerb in der Grundschule
  7. Gesellschaftliche Funktionen von Museen zwischen Assimilation und Akkommodation
  8. Versuch zu Formen von Öffentlichkeit in lokalen Bildungs- und Sorgelandschaften
  9. Wandel des Staates als Herausforderung für die Didaktik der Politischen Bildung
  10. Neustrukturierung des Mittleren Freihafens zum Central Terminal Steinwerder (CTS)
  11. Stakeholder involvement for Water Framework Directive implementation in Germany
  12. The positive effects of a protean career attitude for self-initiated expatriates
  13. Die "Leute" und die "Kunst" - eine "Heisenberg'sche Unschärferelation" der Stadtplanung
  14. What You Sow Is What You Reap? (Dis-)Incentives for Adaptation Intentions in Farming
  15. The shooter bias: Replicating the classic effect and introducing a novel paradigm
  16. Die Kehrseite der Medaille. Popkultur und «Subversion» im Kontext der Neuen Rechten
  17. Monetäre Bewertung von Erholungsnutzen und Nutzerkonflikten in stadtnahen Wäldern
  18. Underestimation of personal carbon footprint inequality in four diverse countries
  19. Globales Lernen und Biodiversität in der außerschulischen Bildung in Deutschland
  20. Handbuch liturgische Präsenz, Bd. 1, Zur praktischen Inszenierung des Gottesdienstes
  21. Failure to Learn From Failure Is Mitigated by Loss-Framing and Corrective Feedback
  22. Development and Testing of Water-Filled Tube Systems for Flood Protection Measures
  23. Perspektiven der Teilwertabschreibung bei voraussichtlich dauernder Wertminderung
  24. Sustainability economics - General versus specific, and conceptual versus practical
  25. Priority effects caused by plant order of arrival affect below-ground productivity
  26. Techniques to Control Microbial Contaminants in Nonsterile Microalgae Cultivation
  27. Parlamentarische Informations- und Kontrollressourcen in 22 westlichen Demokratien
  28. Antirassistischer Widerstand von Migrantinnen und Migranten in der Bundesrepublik
  29. Exports, R&D and Productivity: A test of the Bustos-model with German enterprise data
  30. Thermal energy storage systems for heating and hot water in residential buildings
  31. The multiplicity of emotions: A framework of emotional functions in decision making
  32. "to expose, to show, to demonstrate, to inform, to offer. Artistic Practices around 1990"
  33. Do Serious Breaches Give Rise to Any Specific Obligations of the Responsible State?
  34. Gender Issues im Internationalen Studiengang "Integrated Water Resources Management"
  35. Strategic control over the unhelpful effects of primed social categories and goals
  36. Coauthoring collaborative strategy when voices are many and authority is ambiguous