Website Premia for Extensive Margins of International Firm Activities: Evidence for SMEs from 34 Countries
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In: Economies, Vol. 10, No. 10, 250, 11.10.2022, p. 1-7.
Research output: Journal contributions › Journal articles › Research › peer-review
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TY - JOUR
T1 - Website Premia for Extensive Margins of International Firm Activities: Evidence for SMEs from 34 Countries
AU - Wagner, Joachim
N1 - Publisher Copyright: © 2022 by the author.
PY - 2022/10/11
Y1 - 2022/10/11
N2 - This paper uses firm-level data from the Flash Eurobarometer 421 survey conducted in June 2015 in 34 European countries to investigate the link between having a website and international firm activities in small- and medium-sized enterprises (SMEs). We find that firms that are present on the web more often export, import, engage in research and development cooperation with international partners, work as subcontractors for firms from other countries, use firms in other countries as subcontractors, and perform foreign direct investments—both inside and outside the European Union. The estimated website premia are statistically highly significant after controlling for firm size, country, and sector of economic activity. Furthermore, the size of these premia can be considered to be large. Internationally active firms tend to have a website.
AB - This paper uses firm-level data from the Flash Eurobarometer 421 survey conducted in June 2015 in 34 European countries to investigate the link between having a website and international firm activities in small- and medium-sized enterprises (SMEs). We find that firms that are present on the web more often export, import, engage in research and development cooperation with international partners, work as subcontractors for firms from other countries, use firms in other countries as subcontractors, and perform foreign direct investments—both inside and outside the European Union. The estimated website premia are statistically highly significant after controlling for firm size, country, and sector of economic activity. Furthermore, the size of these premia can be considered to be large. Internationally active firms tend to have a website.
KW - Economics
KW - Website premia
KW - International firm activities
KW - Flash Eurobarometer 421
UR - http://www.scopus.com/inward/record.url?scp=85140585352&partnerID=8YFLogxK
UR - https://www.mendeley.com/catalogue/2d853bf8-6a65-3eea-b2f4-b04e7652ea7e/
U2 - 10.3390/economies10100250
DO - 10.3390/economies10100250
M3 - Journal articles
VL - 10
SP - 1
EP - 7
JO - Economies
JF - Economies
SN - 2227-7099
IS - 10
M1 - 250
ER -