Exports, Foreign Direct Investment and Productivity: Evidence from German Firm Level Data

  • This paper presents the first empirical test with German establishment level data of a hypothesis derived by Helpman, Melitz and Yeaple in a model that explains the decision of heterogeneous firms to serve foreign markets either trough exports or foreign direct investment: only the more productive firms choose to serve the foreign markets, and the most productive among this group will further choose to serve these markets via foreign direct investments. Using a non-parametric test for first order stochastic dominance it is shown that, in line with this hypothesis, the productivity distribution of foreign direct investors dominates that of exporters, which in turn dominates that of national market suppliers.

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Metadaten
Verfasserangaben:Joachim WagnerORCiDGND
URN:urn:nbn:de:gbv:luen4-opus-3124
URL: https://pub-data.leuphana.de/frontdoor/index/index/docId/361
Dokumentart:Bericht
Sprache:Englisch
Erscheinungsjahr:2005
Datum der Veröffentlichung (online):06.07.2005
Datum der Freischaltung:06.07.2005
Freies Schlagwort / Tag:Exports; foreign direct investment; heterogeneous firms; productivity; stochastic
GND-Schlagwort:Export; Auslandsinvestition; Produktivität; Stochastik
Fakultät / Forschungszentrum:Universität / Frühere Fachbereiche
DDC-Klassifikation:3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft