Vogel, Alexander; Wagner, Joachim - In: Applied Economics Quarterly (formerly: Konjunkturpolitik) 56 (2010) 1, pp. 7-30
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 …