Arbeitspapier

Foreign ownership and the extensive margins of exports: Evidence for manufacturing enterprises in Germany

We examine how foreign ownership of a firm affects the variety of goods that the firm exports and the number of countries it trades with. We construct a simple theoretical model of how foreign ownership may affect these extensive margins of exports and take this model to data from Germany, one of the leading actors on the world market for goods. In line with theoretical predictions we find that foreign-owned firms do export more goods to more countries after controlling for firm size, productivity and industry affiliation. These differences between foreign-owned firms and domestically controlled firms are highly statistically significant, and they are large from an economic point of view, with foreign-owned firms exporting up to 39% more goods to up to 31% more countries.

Sprache
Englisch

Erschienen in
Series: Working Paper Series in Economics ; No. 277

Klassifikation
Wirtschaft
Empirical Studies of Trade
Multinational Firms; International Business
Thema
international trade
foreign ownership
multinational enterprise
foreign direct investment
extensive margins of exports
Germany

Ereignis
Geistige Schöpfung
(wer)
Raff, Horst
Wagner, Joachim
Ereignis
Veröffentlichung
(wer)
Leuphana Universität Lüneburg, Institut für Volkswirtschaftslehre
(wo)
Lüneburg
(wann)
2013

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Raff, Horst
  • Wagner, Joachim
  • Leuphana Universität Lüneburg, Institut für Volkswirtschaftslehre

Entstanden

  • 2013

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