Arbeitspapier

Big data analytics and exports: Evidence for manufacturing firms from 27 EU countries

The use of big data analytics (including data mining and predictive analytics) by firms can be expected to increase productivity and reduce trade costs, which should be positively related to export activities. This paper uses firm level data from the Flash Eurobarometer 486 survey conducted in February - May 2020 to investigate the link between the use of big data analytics and export activities in manufacturing enterprises from the 27 member countries of the European Union. We find that firms which use big data analytics do more often export, do more often export to various destinations all over the world, and do export to more different destinations. The estimated big data analytics premia for exports are statistically highly significant after controlling for firm size, firm age, patents, and country. Furthermore, the size of these premia can be considered to be large. Successful exporters tend to use big data analytics.

Language
Englisch

Bibliographic citation
Series: Working Paper Series in Economics ; No. 421

Classification
Wirtschaft
Firm Behavior: Empirical Analysis
Empirical Studies of Trade
Subject
Big data analytics
exports
firm level data
Flash Eurobarometer 486

Event
Geistige Schöpfung
(who)
Wagner, Joachim
Event
Veröffentlichung
(who)
Leuphana Universität Lüneburg, Institut für Volkswirtschaftslehre
(where)
Lüneburg
(when)
2023

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

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

Time of origin

  • 2023

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