This paper documents for the first time the relationship between profitability and three typesof international trade activities – exports, imports and two-way trade. It uses unique newrepresentative data for manufacturing enterprises from Germany, one of the leading actorson the world market...

An emerging literature on international activities of heterogeneous firms documents thatexporting firms are more productive than firms that only sell on the national market. Thispositive exporter productivity premium shows up in a large number of empirical studies aftercontrolling for observed...

This paper proposes estimating causalities in bilateral international trade in simultaneous systems, including domestic and foreign GDP as well as mutual trade flows. Conventional macroeconomic theory mainly follows partial approaches like import functions or exportled growth. Focusing on the US...

This paper embarks to analyse the role of exports and investment supposed to be major sources of economic growth in Asia Pacific. Therefore at first, the cointegration properties of exports, capital formation and GDP are examined in vector error correction models (VECMs)...