Unobserved firm heterogeneity and the establishment size: exports nexus: evidence from German panel data
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Lüneburg: Institut für Volkswirtschaftslehre der Universität Lüneburg, 2002. (Arbeitsbericht; No. 257).
Research output: Working paper › Working papers
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TY - UNPB
T1 - Unobserved firm heterogeneity and the establishment size
T2 - exports nexus: evidence from German panel data
AU - Wagner, Joachim
PY - 2002
Y1 - 2002
N2 - This paper starts from the stylized fact that firm size and exporting tends to be positively related. Using large sets of establishment panel data for three different industries from official statistics evidence is presented that the familiar picture of an export/sales ratio that ceteris paribus increases (at a decreasing rate) with firm size vanishes if unobserved firm heterogeneity is controlled for in a fixed effects fractional logit regression model. This finding is well in line with the fact that many small firms are "hidden export champions"
AB - This paper starts from the stylized fact that firm size and exporting tends to be positively related. Using large sets of establishment panel data for three different industries from official statistics evidence is presented that the familiar picture of an export/sales ratio that ceteris paribus increases (at a decreasing rate) with firm size vanishes if unobserved firm heterogeneity is controlled for in a fixed effects fractional logit regression model. This finding is well in line with the fact that many small firms are "hidden export champions"
KW - Economics
KW - Unternehmensgröße
KW - Export
KW - Mittelständische Unternehmerin
KW - Exportwirtschaft
KW - Betriebsgröße
KW - KMU
KW - SME
KW - Multinationales Unternehmen
KW - Schätzung
KW - Deutschland
KW - Logit-Modell
KW - Unternehmensgröße
KW - Export
KW - Mittelständische Unternehmerin
KW - Export sector
KW - Firm size
KW - Transnational corporation
KW - Estimation
KW - Germany
KW - Logit Model
M3 - Working papers
T3 - Arbeitsbericht
BT - Unobserved firm heterogeneity and the establishment size
PB - Institut für Volkswirtschaftslehre der Universität Lüneburg
CY - Lüneburg
ER -