Exports, R&D and Productivity: A test of the Bustos-Model with enterprise data from France, Italy and Spain
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Lüneburg: Institut für Volkswirtschaftslehre der Universität Lüneburg, 2014. (University of Lüneburg Working Paper Series in Economics; No. 310).
Research output: Working paper › Working papers
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TY - UNPB
T1 - Exports, R&D and Productivity
T2 - A test of the Bustos-Model with enterprise data from France, Italy and Spain
AU - Wagner, Joachim
PY - 2014
Y1 - 2014
N2 - This paper uses comparable firm level data from France, Italy and Spain to test a hypothesis derived by Bustos (AER 2011) in a model that explains the decision of heterogeneous firms to export and to engage in R&D. Using a non-parametric test for first order stochastic dominance it is shown that, in line with this hypothesis, the productivity distribution of firms with exports and R&D dominates that of exporters without R&D, which in turn dominates that of firms that neither export nor engage in R&D. These results are in line with findings for Argentina reported by Bustos, and with findings for Germany and Denmark. The model, therefore, seems to be useful to guide empirical work on the relation between exports, R&D and productivity.
AB - This paper uses comparable firm level data from France, Italy and Spain to test a hypothesis derived by Bustos (AER 2011) in a model that explains the decision of heterogeneous firms to export and to engage in R&D. Using a non-parametric test for first order stochastic dominance it is shown that, in line with this hypothesis, the productivity distribution of firms with exports and R&D dominates that of exporters without R&D, which in turn dominates that of firms that neither export nor engage in R&D. These results are in line with findings for Argentina reported by Bustos, and with findings for Germany and Denmark. The model, therefore, seems to be useful to guide empirical work on the relation between exports, R&D and productivity.
KW - Economics
KW - exports
KW - R&D
KW - productivity
KW - EFIGE data
KW - France
KW - Italy
KW - Spain
M3 - Working papers
T3 - University of Lüneburg Working Paper Series in Economics
BT - Exports, R&D and Productivity
PB - Institut für Volkswirtschaftslehre der Universität Lüneburg
CY - Lüneburg
ER -