|Hansen, Thorsten (April 2010): Exports and Productivity: An Empirical Analysis of German and Austrian Firm-Level Performance. Discussion Papers in Economics 2010-22|
This paper studies the relationship between export activities and firm-level productivity. Unique matching of German and Austrian micro data from 1994 to 2003 suggests that exporters are more productive by around 40 percent compared with non-exporters. Moreover, beside other analysis techniques, instrumental variable estimations suggest that exporting causes a rise in firm-level productivity. That is, the annual average growth rate of an exporting firm's productivity is between about 1 and 1.5 percent higher than that of non-exporters. It allows the conclusion that, against other findings of existing studies, both directions hold: more productive firms self-select themselves into export markets and being active in foreign markets boosts firm-level productivity.
|Item Type:||Paper (Discussion Paper)|
|Keywords:||exports, firm-level productivity|
Economics > Munich Discussion Papers in Economics
Economics > Chairs > Chair of International Economics
|Subjects:||300 Social sciences > 300 Social sciences, sociology and anthropology|
300 Social sciences > 330 Economics
|JEL Classification:||D24, F13, F23, L22, L23, O47|
|Deposited On:||07. Apr 2010 11:31|
|Last Modified:||02. May 2016 07:04|
Ackerberg, D., Caves, K., and Frazer, G. (2005) \Structural Identification of Production Functions", Working paper, Dec. 2006 submitted to Econometrica.
Alvarez, R. and Crespi, G. (2007) \Multinational Firms and Productivity Catching-Up: The Case of Chilean Manufacturing", American Economic Review, 97(5), pp. 1611-1638.
Amiti, M. and Konings, J. (2007) \Trade Liberalization, Intermediate Inputs, and Productivity: Evidence from Indonesia", American Economic Review, 97(5), pp. 1611-1638.
Arnold, J.M. and Hussinger, K. (2005) \Export Behavior and Firm Productivity in German Manufacturing: A Firm-Level Analysis", Review of World Economics, Weltwirtschaftliches Archiv, 141(2), pp. 219-243.
Austrian National Bank (OeNB) (2008) \Erzeugerpreis (Producer prices)", http://www.oenb.at [April, 21st, 2009].
Aw, B.Y, Chung, S., and Roberts, M.J. (1998) \Productivity and the Decision to Export: Micro Evidence from Taiwan and South Korea", NBER, Working Paper, w6558.
Baldwin, J.R. and Gu, W. (2003) \Export-Market Participation and Productivity Performance in Canadian Manufacturing", The Canadian Journal of Economics, 36(3), pp. 634-657.
Bernard, A.B. and Jensen, J.B. (1999) \Exceptional Exporter Performance: Cause, Effect, or Both?", Journal of International Economics, 47(1), pp. 1-25.
Bernard, A.B. and Jensen, J.B. (2004) \Entry, Expansion and Intensity in the U.S. Export Boom, 1987-1992", Review of International Economics, 12(4), pp. 662-675.
Bernard, A.B. andWagner, J. (1997) \Exports and Success in German Manufacturing", Review of World Economics, Weltwirtschaftliches Archiv, 133(1), pp. 134-157.
Bernard, A.B. and Wagner, J. (2001) \Export Entry and Exit by German Firms", Review of World Economics, Weltwirtschaftliches Archiv, 137(1), pp. 105-123.
Bureau van Dijk, Electronic Publishing (2005) \Amadeus database", http://www.bvdep.com/de/Amadeus.html [April, 21st, 2009]. Frankfurt am Main.
Clerides, S., Lach, S., and Tybout, J. (1998) \Is Learning by Exporting Important? Micro-dynamic evidence from Columbia, Mexico and Morocco", Quarterly Journal of Economics, 113(3), pp. 903-948.
De Locker, J. (2007a) \Do Exports Generate Higher Productivity? Evidence from Slovenia", Journal of International Economics, 73(1), pp. 48-68.
De Locker, J. (2007b) \Product Dierentiation, Multi-Product Firms and Estimating the Impact of Trade Liberalization on Productivity", Working Paper, New York University.
Fryges, H. and Wagner, J. (2008) \Exports and Productivity Growth: First Evidence from a Continuous Treatment Approach", Review ofWorld Economics,Weltwirtschaftliches Archiv, 144(4), pp. 695-722.
Greenaway, D. and Kneller, R. (2007) \Firm Heterogeneity, Exporting and Foreign Direct Investment", The Economic Journal, 117(February), pp. F134-F160.
German Federal Statistical Office (2008) \Erzeugerpreis (Producer prices)", http://www.destatis.de [April, 21st, 2009].
Hahn, C.H. (2004) \Exporting and Performance of Plants: Evidence from Korean Manufacturing", NBER, Working Paper, w10208.
Holmes, T.J. and Schmitz, J.A. (2001) \A Gain from Trade: From Unproductive to Productive Entrepreneurship", Journal of Monetary Economics, 47(2), pp. 417-446.
Hoppenstedt (2009) \Hoppenstedt firm database", http://www.rmendatenbank.de [August, 28th, 2009]. Darm- stadt.
Kunst, R.M. and Marin, D. (1989) \On Exports and Productivity: A Causal Analysis", The Review of Economics and Statistics, 71(4), pp. 699-703.
Lachenmaier, S. and Wössmann, L. (2006) \Does Innovation Cause Exports? Evidence from Exogenous Innovation Impulses and Obstacles using German Micro Data", Oxford Economic Papers, 58(2), pp. 317-350.
Levinsohn, J. and Petrin, A. (2003) \Estimating Production Functions Using Inputs to Control for Unobservables", Review of Economic Studies, 70(2), pp. 317-341.
Marin, D. (1992) \Is the Export-Led Growth Hypothesis Valid for Industrialized Countries?", The Review of Economics and Statistics, 74(4), pp. 678-688.
Marin, D. (2004) \A Nation of Poets and Thinkers: Less so with Eastern Enlargement? Austria and Germany", Center for Economic Policy Research, CEPR Discussion Paper, No. 6735.
Marin, D. (2008) \The New Corporation in Europe", Bruegel Policy Brief, Issue 2008/07, Bruegel.
Mayer, T. and Ottaviano, G. (2007a) \The Happy Few: New Facts on the Internationalisation of European Firms", Centre for Economic Policy Research, Policy Insight, No. 15.
Mayer, T. and Ottaviano, G. (2007b) \The Happy Few: The Internationalisation of European Firms. New facts based on firm-level evidence", Bruegel Blueprint Series, Volume 3.
Melitz, M.J. (2003) \The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity", Econometrica, 71(6), pp.1695-1725.
Olley, G.S. and Pakes, A. (1996) \The Dynamics of Productivity in the Telecommunications Equipment Industry", Econometrica, 64(4), pp. 1263-1297.
Pakes, A. (1996) \Dynamic Structural Models, Problems and Prospects: Mixed Continuous Discrete Controls and Market Interaction ", in C. Sims (ed.) Advances in Econometrics, Sixth World Congress, Vol. II (Cambridge University Press) pp. 171-259.
Roberts, M.J. and Tybout, J.R. (1997) \The Decision to Export in Colombia: An Emoirical Model of Entry with Sunk Costs", American Economic Review, 87(4), pp. 545-564.
Thomson Reuters (2009) \Thomson ONE Banker", http://banker.thomsonib.com [August, 28th, 2009]
Wagner, J. (2002) \The Causal Eects of Exports on Firm Size and Labor Productivity: First Evidence from a Matching Approach", Economic Letters, 77(2), pp. 287-292.
Wagner, J. (2007) \Exports and Productivity: A Survey of the Evidence from Firm Level Data", The World Economy, 30(1), pp. 60-82.
Wagner, J. (2008) \Exports, Imports and Productivity at the Firm Level. An International Perspective: Introduction by Guest Editor", Review of World Economics,Weltwirtschaftliches Archiv, 144(4), pp. 591-594.
World Bank and United Nations Conference on Trade and Development (UNCTAD) (2008) \World Integrated Trade Solution (WITS)", http://wits.worldbank.org/witsweb [April, 21st, 2009].