Unobserved firm heterogeneity and the size-exports nexus: Evidence from German panel data

Arbeitspapier

This paper starts from the stylized fact that firm size and exporting tends to be positively related. Using large sets of establishment panel data for three different industries from official statistics evidence is presented that the familiar picture of an export/sales ratio that ceteris paribus increases (at a decreasing rate) with firm size vanishes if unobserved firm heterogeneity is controlled for in a fixed effects fractional logit regression model. This finding is well in line with the fact that many small firms are 'hidden export champions'.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: HWWA Discussion Paper ; No. 194

Classification and Topics

• Classification: Wirtschaft ; Trade: General ; Industry Studies: Manufacturing: General ; Firm Behavior: Theory
• Subject: Exports ; firm size ; establishment panel data ; fractional logit regression ; Exportindustrie ; Betriebsgröße ; Klein- und Mittelunternehmen ; Multinationales Unternehmen ; Logit-Modell ; Schätzung ; Deutschland

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Wagner, Joachim
• Event: Veröffentlichung
• (who): Hamburg Institute of International Economics (HWWA)
• (where): Hamburg
• (when): 2002

Further information

• Handle: http://hdl.handle.net/10419/19355
• Last update: 10.03.2025, 11:43 AM CET