The relationship between individual firms’ export behaviour and firm performance has been studied extensively in the …-exporting companies, using the firms’ export status as a binary treatment variable and comparing the performance of exporting and non … individual firms’ export behaviour. Instead of a binary treatment variable, the GPS method allows for continuous treatment, that …

-based firms in Germany and the UK, this paper applies logistic regressions and analyses empirically the probabilities of changing …

of firms in Western Germany and Eastern Germany as a transitional economy. Innovative activity has a positive impact on … firm value proxied by ratings in Western Germany, but a negative impact in Eastern Germany. We also consider future … financial distress, and find that R&D in Eastern German firms leads to higher default risk, in contrast to Western Germany …

innovative and unchanged products is developed and estimated using comparable firm-level data from France, Germany, Spain and the …