From estimation results to stylized facts: Twelve recommendations for empirical research in international activities of heterogeneous firms

Research output: Working paperWorking papers

Authors

Heterogeneous firms are at the heart of both the New New International Trade Theory and the Micro-econometrics of International Firm Activities. One important aim of microeconometric studies is to uncover stylized facts that hold over space and time, and that can both inspire theoretical models that are based on “realistic” assumptions, and inform policy debates in an evidence-based way. Which results from the thousands of empirical estimates reported in the literature on the micro-econometrics of international firm activities do we
consider as convincing? Based on my own experience from the last twenty years I use the opportunity of this lecture to make twelve recommendations that, hopefully, will help to find the right way on the thorny road from estimation results to stylized facts. I will deal with the following topics: comparisons of means vs. comparisons of distributions; extremely different firms, or outliers; unobserved heterogeneity; simultaneous occurrence of differences across
quantiles, outliers, and unobserved heterogeneity; heterogeneous effects of international firm activities on firm performance; replication; within-study replication by international research teams; meta-analysis; and talking to practitioners.
Original languageEnglish
Place of PublicationLüneburg
PublisherInstitut für Volkswirtschaftslehre der Universität Lüneburg
Number of pages57
Publication statusPublished - 2010

    Research areas

  • Economics - international firm activities, heterogeneous firms, stylized facts, robust statistics, replication, meta analysis

Documents

Recently viewed

Publications

  1. Partnerships for Corporate Sustainability
  2. "Grenzen" sozialraumbezogener Sozialpolitik
  3. Das Problem der Unbestimmtheit des Rechts
  4. Ausstellungskatalog: Homestory Deutschland
  5. Klassentestheft Teil 2 (10 Ex.) - 2. Schuljahr
  6. Dichteprognose autoregressiver Zeitreihen
  7. REACh - Erste Erfahrungen in der Anwendung
  8. Strukturelle Kopplungen im Bildungssystem
  9. Literaturempfehlungen zur Selbsterprobung
  10. Regional powers and the politics of scale
  11. Sabine Ritter: Facetten der Sarah Bartmann.
  12. Operations Systems of Container Terminals
  13. Intra-Individual Value Change in Adulthood
  14. Bildung und Beteiligung oder doch Teilhabe?
  15. Frühe Kalkausscheidungen an Sichtmauerwerk
  16. Äquivalente der causa beim Vertragsschluss.
  17. “A Living Memorial for the Edelweißpiraten”
  18. Fashioning a Proper Institutional Position
  19. Digital Seriality as Structure and Process
  20. Gerechtigkeit und Anerkennung durch Bilder
  21. Envisioning the Future of Water Governance
  22. Legal Regimes for Environmental Protection
  23. Kontingenzprobleme sozialer Interventionen
  24. Gerhard Rühm oder: Vom Eigensinn der Medien
  25. FILTEREINRICHTUNG MIT MIKROWELLENRESONATOR
  26. Sind Besucherbefragungen vertrauenswürdig ?
  27. Gesucht: Eine bessere ökonomische Bildung !?
  28. Ein vielfältiges Bild von Stadt vermitteln
  29. Management global verteilter Belegschaften
  30. Lebens-Versicherung durch das ‚Standardpaket’
  31. Bildungskrisen und sozialer Wandel 1780-2000
  32. Gamification as twenty-first-century ideology
  33. Continuous Casting with Mid-Process Alloying
  34. Silben sind besser als Laute und Buchstaben
  35. Mathematical Chemistry and Chemoinformatics