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This study investigates business services firms that (start to) export, comparing exporters to firms that serve the national market only. We estimate identically specified empirical models using comparable enterprise data from France, Germany, and the UK. Our findings show that exporters are on...
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empirical study on the relationship between exports and profitability for the business services sector. We document a negative … of exports on profits. The estimated dose-response function shows an s-shaped relationship between profitability in 2005 … and firms’ export-sales ratio in 2004. Enterprises with a very small share of exports in total sales have a lower rate of …
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