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Active on Many Foreign Markets: A Portrait of German Multi-market Exporters and Importers from Manufacturing Industries
KTH, School of Industrial Engineering and Management (ITM), Centres, Centre of Excellence for Science and Innovation Studies, CESIS. Leuphana Univ Lueneburg, D-21314 Luneburg, Germany.;KTH, CESIS, Stockholm, Sweden..ORCID iD: 0000-0001-6058-4536
2018 (English)In: Jahrbücher für Nationalökonomie und Statistik, ISSN 0021-4027, Vol. 238, no 2, p. 157-182Article in journal (Refereed) Published
Abstract [en]

This paper uses information on more than 160 million export and import transactions by German firms from 2009 to 2012 to document the decisive role of multi-market traders that are active on many foreign markets, where a market is defined as a combination of a good traded and a country traded with. Using merged information from trade transactions and from surveys conducted by the statistical offices it is shown that, controlling for detailed industry affiliation, the number of foreign markets a firm from manufacturing industries is active on as an exporter or importer is higher in firms that are larger, older and foreign owned and that have higher labor productivity, human capital intensity and R&D intensity. With the exception of labor productivity these results are valid ceteris paribus, too. All these results from a descriptive empirical investigation are in line with hypotheses that are derived from the literature on the links between firm characteristics and the extensive margins of foreign trade.

Place, publisher, year, edition, pages
De Gruyter Oldenbourg , 2018. Vol. 238, no 2, p. 157-182
Keywords [en]
exports, imports, transaction level data, Germany
National Category
Economics and Business
Identifiers
URN: urn:nbn:se:kth:diva-240148DOI: 10.1515/jbnst-2017-0123ISI: 000430072200004Scopus ID: 2-s2.0-85037710912OAI: oai:DiVA.org:kth-240148DiVA, id: diva2:1271919
Note

QC 20181218

Available from: 2018-12-18 Created: 2018-12-18 Last updated: 2018-12-18Bibliographically approved

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Wagner, Joachim

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