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Using the approach suggested by Gabaix (Econometrica 2011) this paper demonstrates that idiosyncratic shocks in the largest firms are important for an understanding of aggregate volatility in German manufacturing industries. The implications of this finding for theoretical and empirical research...
Persistent link: https://www.econbiz.de/10013118054
evidence on the link of productivity and both exports and foreign direct investment (fdi) in services firms from a highly … taking differences along the conditional productivity distribution and firms with extreme values, or outliers, into account …) indicate that the productivity pecking order found in numerous studies using data for firms from manufacturing industries …
Persistent link: https://www.econbiz.de/10013119546
positive exporter productivity premium - on average, exporting firms are more productive than firms that sell on the national … market only. In this paper, the authors look at the productivity distribution of both exporting and non-exporting firms in … firm fixed effects while estimating the exporter premium throughout the entire productivity distribution. They find that …
Persistent link: https://www.econbiz.de/10013127826
and gender) and its performance (productivity and profitability) for a large representative sample of enterprises from … level surveys performed by the Statistical Offices. Our micro-econometric analysis confirms previous findings of concave age-productivity … the ceteris paribus lower level of productivity in firms with a higher share of female employees does not go hand in hand …
Persistent link: https://www.econbiz.de/10013109440
negative causal impact on employment in offshoring firms. The effect is positive and large for productivity, and weak evidence …
Persistent link: https://www.econbiz.de/10013153306
Persistent link: https://www.econbiz.de/10013157035
and productivity hold in the years before the export start, which indicates self-selection into exporting of more …
Persistent link: https://www.econbiz.de/10013138673
productive than firms that only sell on the national market. This positive exporter productivity premium shows up in a large … firm fixed effects. These studies test for a difference in productivity between exporters and non-exporters at the … conditional mean of the productivity distribution. However, if firms are heterogeneous, it is possible that the size of the …
Persistent link: https://www.econbiz.de/10013139057
estimates of the productivity premium of German firms exporting to the Euro-zone and beyond, controlling for unobserved time … observations, or outliers. The paper shows that estimates of the exporter productivity premium by destination are driven by a small … share of outliers. Using a "clean" sample without outliers the estimated productivity premium of firms that export to the …
Persistent link: https://www.econbiz.de/10013141754
In empirical studies it often happens that some variables for some units are far away from the other observations in the sample. These extreme observations, or outliers, often have a large impact on the results of statistical analyses – conclusions based on a sample with and without these...
Persistent link: https://www.econbiz.de/10013143679