Big Data Analytics and Exports - Evidence for Manufacturing Firms from 27 EU Countries

Joachim Wagner ()
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Joachim Wagner: Leuphana Universität Lüneburg, Institut für Volkswirtschaftslehre

No 421, Working Paper Series in Economics from University of Lüneburg, Institute of Economics

Abstract: 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.

Keywords: Big data analytics; exports; firm level data; Flash Eurobarometer 486 (search for similar items in EconPapers)
JEL-codes: D22 F14 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2023-09
New Economics Papers: this item is included in nep-bec, nep-big, nep-eec, nep-ger, nep-int and nep-sbm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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