Exports and Firm Characteristics – First Evidence from Fractional Probit Panel Estimates

Joachim Wagner ()

No 97, Working Paper Series in Economics from University of Lüneburg, Institute of Economics

Abstract: Using recently released nationally representative data and a new estimator for fractional probit panel models, this paper reconsiders the relationship between the fraction of exports in total sales and firm characteristics in West and East German manufacturing. Controlling for unobserved firm characteristics no impact of human capital and R&D intensity on export performance is found, while firm size is positively related to exporting in West Germany only.

Keywords: Exports; firm characteristics; fractional probit panel model; Germany (search for similar items in EconPapers)
JEL-codes: F14 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-bec
Date: 2008-08
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