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Exports versus FDI in German manufacturing: firm performance and participation in international markets

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dc.creator Arnold, Jens Matthias
dc.creator Hussinger, Katrin
dc.date 2006
dc.date.accessioned 2013-10-16T07:06:00Z
dc.date.available 2013-10-16T07:06:00Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19632
dc.identifier ppn:507600533
dc.identifier RePEc:zbw:bubdp1:4241
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19632
dc.description This paper tests some of the predictions of recent advances in trade theory that have focused on different trade patterns of firms within the same sector. Helpman, Melitz and Yeaple (2005) develop a model in which innate productivity differences between firms determine the degree of international engagement of firms: The least productive firms produce for the domestic market, better performers engage in export activities, and the top firms establish foreign subsidiaries. Using German firm-level data from 1996 to 2002, we test this prediction using non-parametric methods, by examining the distribution functions of the three subsets of firms for stochastic dominance. Rather than just comparing first moments, this technique allows us to compare productivity over the entire distribution. Our results show robust support for the prediction from theory.
dc.language eng
dc.relation Discussion paper Series 1 / Volkswirtschaftliches Forschungszentrum der Deutschen Bundesbank 2006,04
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject F14
dc.subject F23
dc.subject F21
dc.subject D24
dc.subject L60
dc.subject F10
dc.subject D21
dc.subject ddc:330
dc.subject Export
dc.subject FDI
dc.subject Heterogeneous firms
dc.subject Total Factor Productivity
dc.subject Produktivität
dc.subject Unternehmen
dc.subject Exportindustrie
dc.subject Multinationales Unternehmen
dc.subject Direktinvestition
dc.subject Vergleich
dc.subject Schätzung
dc.subject Deutschland
dc.title Exports versus FDI in German manufacturing: firm performance and participation in international markets
dc.type doc-type:workingPaper
dc.coverage 1996-2002


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