From Estimation Results to Stylized Facts: Twelve Recommendations for Empirical Research in International Activities of Heterogeneous Firms

Research output: Contributions to collected editions/worksChapterpeer-review

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 microeconometrics of international firm activities do we consider as convincing? Based on my own experience from the last 20 years, I use the opportunity of this chapter to make 12 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
Title of host publicationMicroeconometrics of International Trade
EditorsJoachim Wagner
Number of pages36
PublisherWorld Scientific Publishing Co.
Publication date01.07.2016
Pages479-514
ISBN (print)9789813109681
ISBN (electronic)9789813109698
DOIs
Publication statusPublished - 01.07.2016

Bibliographical note

Publisher Copyright:
© 2016 by World Scientific Publishing Co. Pte. Ltd.

    Research areas

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

Recently viewed

Publications

  1. Mapping the European Space of Circulation
  2. Perspective actionnelle et cours à projet
  3. Portfoliotheorie und Vermögensverwaltung
  4. Erfolgsstrategien im Gesundheitstourismus
  5. Misconceptions of Measurement Equivalence
  6. The relational sociology of eco-innovation
  7. From estimation results to stylized facts
  8. Partnerships for Corporate Sustainability
  9. "Grenzen" sozialraumbezogener Sozialpolitik
  10. Das Problem der Unbestimmtheit des Rechts
  11. Ausstellungskatalog: Homestory Deutschland
  12. Klassentestheft Teil 2 (10 Ex.) - 2. Schuljahr
  13. Dichteprognose autoregressiver Zeitreihen
  14. REACh - Erste Erfahrungen in der Anwendung
  15. Strukturelle Kopplungen im Bildungssystem
  16. Literaturempfehlungen zur Selbsterprobung
  17. Regional powers and the politics of scale
  18. Sabine Ritter: Facetten der Sarah Bartmann.
  19. Operations Systems of Container Terminals
  20. Intra-Individual Value Change in Adulthood
  21. Bildung und Beteiligung oder doch Teilhabe?
  22. Frühe Kalkausscheidungen an Sichtmauerwerk
  23. Äquivalente der causa beim Vertragsschluss.
  24. “A Living Memorial for the Edelweißpiraten”
  25. Fashioning a Proper Institutional Position
  26. Digital Seriality as Structure and Process
  27. Gerechtigkeit und Anerkennung durch Bilder
  28. Envisioning the Future of Water Governance
  29. Legal Regimes for Environmental Protection
  30. Kontingenzprobleme sozialer Interventionen
  31. Gerhard Rühm oder: Vom Eigensinn der Medien
  32. FILTEREINRICHTUNG MIT MIKROWELLENRESONATOR
  33. Sind Besucherbefragungen vertrauenswürdig ?
  34. Gesucht: Eine bessere ökonomische Bildung !?
  35. Ein vielfältiges Bild von Stadt vermitteln