Zahlreiche Untersuchungen belegen, dass die exportierenden Firmen den nur für den Inlandsmarkt produzierenden Firmen in vieler Hinsicht überlegen sind sie sind im Durchschnitt größer, produktiver und innovativer, und sie waren dies schon, bevor sie mit dem Export begonnen haben. Eine offene...

This study was prepared by Stefan Lachenmaier while he was working with the Ifo Institute for Economic Research. It was completed in March 2007 and was accepted as a doctoral thesis by the Economics Department of the University of Munich (LMU). The subject of this study is an econometric...

We use a unique rich newly built data set for German manufacturing enterprises to investigate the relationship between product diversification and the stability of sales and employment. We find that contrary to portfolio theoretic considerations more diversified firms exhibit a higher...

This paper investigates the extent to which productivity growth is the result of firm turnover as output is shifted from one firm to another, driven by the competitive process. Turnover occurs as some firms gain market share and others lose it. Some of the resulting turnover is due to entry and...