The Impact of R&D Activities on Exports of German Business Services Enterprises: First evidence from a continuous treatment approach
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Lüneburg: Institut für Volkswirtschaftslehre der Universität Lüneburg, 2012. p. 716-729 (University of Lüneburg Working Paper Series in Economics; No. 260).
Research output: Working paper › Working papers
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RIS
TY - UNPB
T1 - The Impact of R&D Activities on Exports of German Business Services Enterprises
T2 - First evidence from a continuous treatment approach
AU - Vogel, Alexander
AU - Wagner, Joachim
PY - 2012
Y1 - 2012
N2 - This study uses newly available representative data from German business services firms and a continuous treatment approach based on the generalized propensity score to test for a causal effect of R&D activities (measured by the share of engineers and natural scientists in all employees) on the share of exports in total sales. We find evidence for a positive and statistically significant but small causal effect. This result is in line with the (non-causal) results reported in Vogel and Wagner (2012) based on regression models with and without control for unobserved time-invariant firm characteristics. The bottom line, then, is that R&D activity does matter for success of German business services firms on export markets – but not much.
AB - This study uses newly available representative data from German business services firms and a continuous treatment approach based on the generalized propensity score to test for a causal effect of R&D activities (measured by the share of engineers and natural scientists in all employees) on the share of exports in total sales. We find evidence for a positive and statistically significant but small causal effect. This result is in line with the (non-causal) results reported in Vogel and Wagner (2012) based on regression models with and without control for unobserved time-invariant firm characteristics. The bottom line, then, is that R&D activity does matter for success of German business services firms on export markets – but not much.
KW - Economics
KW - innovation
KW - export
KW - business services
KW - Germany
M3 - Working papers
T3 - University of Lüneburg Working Paper Series in Economics
SP - 716
EP - 729
BT - The Impact of R&D Activities on Exports of German Business Services Enterprises
PB - Institut für Volkswirtschaftslehre der Universität Lüneburg
CY - Lüneburg
ER -