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An emerging literature on international activities of heterogeneous firms documents that exporting firms are more productive than firms that only sell on the national market. This positive exporter productivity premium shows up in a large number of empirical studies after controlling for...
Persistent link: https://www.econbiz.de/10008696795
Heterogeneous firms are at the heart of both the New New International Trade Theory and the Micro-econometrics of International Firm Activities. One important aim of microeconometric studies is to uncover stylized facts that hold over space and time, and that can both inspire theoretical models...
Persistent link: https://www.econbiz.de/10008696779
This paper is a non-technical introduction to the use of three micro-econometric tools that have only recently been applied in empirical investigations of the links between international firm activities and firm performance. It shows why it is important to use these methods, how to use them in...
Persistent link: https://www.econbiz.de/10009407276
In the Neoclassical growth model the saving ratio and human capital might be seen as the most important factors fostering economic growth. At last since Weber [2005 (1904/05)] it seems clear, that religious beliefs and involvement shapes both social and economic human behavior. This paper tests...
Persistent link: https://www.econbiz.de/10003924311
, individual savings behavior in the USA with its vital religious market is examined. Using data from the US Panel Study of Income … savings choices. Frequent religious church attendance, however, positively affects savings decisions. Further, based on the … affiliation determines the binary savings decision negatively. However, the instrument is not valid for the continuous savings …
Persistent link: https://www.econbiz.de/10009738224
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/10011298736
This paper analyzes the inflation expectation formation empirically for German consumers. The expectation formation process is analyzed for a representative consumer and for different demographic groups. The results indicate that German consumers are a relatively homogeneous group. There are...
Persistent link: https://www.econbiz.de/10003770480
This paper analyzes the performance of the European railway sector in the period of deregulation (1990-2005). Using a stochastic frontier panel data model that controls for unobserved heterogeneity a multiple-output multipleinput distance function model is estimated in order to evaluate the...
Persistent link: https://www.econbiz.de/10003770485
Using unique recently released nationally representative high-quality longitudinal data at the enterprise level for Germany, this paper presents the first comprehensive evidence on the relationship between exports and profitability. It documents that the positive profitability differential of...
Persistent link: https://www.econbiz.de/10003770498
Mit einem Paneldatensatz für sämtliche niedersächsischen Industriebetriebe der Jahre 1995 bis 2002 werden drei Hypothesen aus dem Modell von Hopenhayn (Econometrica 1992) getestet: (H1) Firmen, die in der Periode t aus dem Markt ausscheiden, waren in der Periode t-1 weniger produktiv als...
Persistent link: https://www.econbiz.de/10003316682