Exports, R&D and Productivity: A test of the Bustos-model with German enterprise data
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Lüneburg: Institut für Volkswirtschaftslehre der Universität Lüneburg, 2012. (University of Lueneburg Working Papers in Economics; No. 244).
Research output: Working paper › Working papers
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TY - UNPB
T1 - Exports, R&D and Productivity: A test of the Bustos-model with German enterprise data
AU - Wagner, Joachim
PY - 2012/6
Y1 - 2012/6
N2 - This paper presents the first empirical test with German firm level data of 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. The model, therefore, seems to be useful to guide empirical work on the relation between exports, R&D and productivity.
AB - This paper presents the first empirical test with German firm level data of 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. 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 - Germany
M3 - Working papers
T3 - University of Lueneburg Working Papers in Economics
BT - Exports, R&D and Productivity: A test of the Bustos-model with German enterprise data
PB - Institut für Volkswirtschaftslehre der Universität Lüneburg
CY - Lüneburg
ER -