Showing 1 - 10 of 32
ABSTRACT: While it is a stylized fact that exporting firms pay higher wages than non-exporting firms, the direction of the link between exporting and wages is less clear. Using a rich set of German linked employer-employee panel data we follow over time plants that start to export. We show that...
Persistent link: https://www.econbiz.de/10005526861
This paper focuses on self-selection into trade by exporting and importing firms, and on the presence of differential variable and sunk costs between exporters and importers across different categories of imports. In addition the authors consider the role of intensive and extensive margins with...
Persistent link: https://www.econbiz.de/10011203163
A stylized fact from the emerging literature on the micro-econometrics of international trade and a central implication of the heterogeneous firm models from the new new trade theory is that exporters are more productive than non-exporters. It is argued that this exporterproductivity premium is...
Persistent link: https://www.econbiz.de/10010294484
This study uses newly available enterprise level data for firms from manufacturing industries in Germany to test for the link between credit constraints, measured by a credit rating score from the leading credit rating agency Creditreform, and exports. In line with hypotheses from theoretical...
Persistent link: https://www.econbiz.de/10010294489
This paper uses a unique newly constructed data set to investigate for the first time the link between credit constraints and the extensive margins of exports in Germany, one of the leading actors on the international market for goods. In line with theoretical considerations and comparable...
Persistent link: https://www.econbiz.de/10011335518
Crinò and Epifani (2012) report and discuss two empirical regularities they find in a representative sample of Italian manufacturing firms. First, there is a negative correlation between firms' productivity and their export share to low-income destinations. Second, there is a negative...
Persistent link: https://www.econbiz.de/10011419600
This note uses the newly available Exporter and Importer Dynamics Database for Germany to investigate the links between trade dynamics and trade costs. It shows results for the dynamics of Germany's goods trade as a whole, and for trade with two of the most important partner countries, namely...
Persistent link: https://www.econbiz.de/10011419603
Business managers are well aware of the fact that credit constraints can hamper or even prevent exporting. Economists only recently started to incorporate these arguments in theoretical models of heterogeneous firms and to test the implications of these models econometrically with firm-level...
Persistent link: https://www.econbiz.de/10010333503
This paper looks at a hitherto neglected extensive margin of international trade by investigating for the first time the frequency at which German exporters and importers trade a given good with a given country. Imports and exports show a high degree of lumpiness. In a given year about half of...
Persistent link: https://www.econbiz.de/10011616225
This paper contributes to the literature by using newly released comprehensive transaction level data on all exports and imports to document facts about the amount of intra-good trade - the simultaneous export and import of identical goods by one firm - in Germany. Combined data for trade...
Persistent link: https://www.econbiz.de/10011616231