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Market Concentration and Business Survival in Static v Dynamic Industries

Burke, Andrew; Hanley, Aoife - Institut für Weltwirtschaft (IfW) - 2009

We propose that the effect of market concentration on firm survival is different according to whether an industry is … rates reduce the survival of new plants but only in markets marked by low entry and exit rates. Specifically, a 10 percent … increase in the 5-firm concentration ratio in a dynamic market raises the survival rate of new ventures by approximately 2 …

Persistent link: https://www.econbiz.de/10005012880

Characterizing Euro Area Multinationals

Geishecker, Ingo; Görg, Holger; Taglioni, Daria - Institut für Weltwirtschaft (IfW) - 2008

have higher survival rates and their productivity growth is also higher. The strongest contribution is by productivity …

Persistent link: https://www.econbiz.de/10005700593

Financial health, exports, and firm survival: A comparison of British and French firms

Görg, Holger; Spaliara, Marina-Eliza - Institut für Weltwirtschaft (IfW) - 2010

We examine the differential effects of financial status and exporting activity on the likelihood of survival for firms … direct impact of financial characteristics and different facets of exporting activity on the likelihood of survival? Do the … sensitivities of survival incidence to financial variables vary with the exporting status of firms? We find strong evidence that …

Persistent link: https://www.econbiz.de/10010982708

Investigating the exponential age distribution of firms

Coad, Alex - Institut für Weltwirtschaft (IfW) - 2010

While several plots of the aggregate age distribution suggest that firm age is exponentially distributed, we find some departures from the exponential benchmark. At the lower tail, we find that very young establishments are more numerous than expected, but they face high exit hazards. At the...

Persistent link: https://www.econbiz.de/10008555994

Taxes and the Financial Structure of German Inward FDI

Ramb, Fred; Weichenrieder, Alfons J. - Institut für Weltwirtschaft (IfW) - 2005

The paper analyses the financial structure of German inward FDI. From a tax perspective, intra-company loans granted by the parent should be all the more strongly preferred over equity the lower the tax rate of the parent and the higher the tax rate of the German affiliate. From our study of a...

Persistent link: https://www.econbiz.de/10010886849

Foreign Direct Investment, Spillovers and Absorptive Capacity: Evidence from Quantile Regressions

Girma, Sourafel; Görg, Holger - Institut für Weltwirtschaft (IfW) - 2005

This paper focuses on the role of absorptive capacity in determining whether or not domestic firms benefit from productivity spillovers from FDI using establishment level data for the UK. We allow for different effects of FDI on establishments located at different quantiles of the productivity...

Persistent link: https://www.econbiz.de/10010886919

Do Multinational Enterprises Contribute to Convergence or Divergence? A Disaggregated Analysis of US FDI

Mayer-Foulkes, David; Nunnenkamp, Peter - Institut für Weltwirtschaft (IfW) - 2005

It is a widely held belief that foreign direct investment (FDI) has a positive effect on economic growth. We test this hypothesis by performing convergence regressions derived from a model of endogenous technological change. We estimate the rate of growth in per-capita income, relative to the...

Persistent link: https://www.econbiz.de/10010886931

Cross-Border and Foreign-Affiliate Sales of Services: Evidence From German Micro-Data

Kelle, Markus; Kleinert, Jörn; Raff, Horst; Toubal, Farid - Institut für Weltwirtschaft (IfW) - 2012

We merge German balance-of-payments and foreign-affiliate-trade statistics to obtain data about trade in commercial services at the firm level. We use these data to study export market participation and the choice of export mode: cross-border versus foreign affiliate sales. We find that for...

Persistent link: https://www.econbiz.de/10010886940

Does Aid for Education Attract Foreign Investors? An Empirical Analysis for Latin America

Donaubauer, Julian; Herzer, Dierk; Nunnenkamp, Peter - Institut für Weltwirtschaft (IfW) - 2012

We address the question of whether foreign aid helps attract foreign direct investment (FDI). This could be achieved if well targeted aid removed critical impediments to higher FDI inflows. In particular, test the hypothesis that aid for education is an effective means to increase FDI flows to...

Persistent link: https://www.econbiz.de/10010886964

Foreign Ownership and the Extensive Margins of Exports: Evidence for Manufacturing Enterprises in Germany

Raff, Horst; Wagner, Joachim - Institut für Weltwirtschaft (IfW) - 2013

We examine how foreign ownership of a firm affects the variety of goods that the firm exports and the number of countries it trades with. We construct a simple theoretical model of how foreign ownership may affect these extensive margins of exports and take this model to data from Germany, one...

Persistent link: https://www.econbiz.de/10010886982