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Exporting and performance: evidence from Greek firms

Heather Gibson () and Georgia Pavlou

No 228, Working Papers from Bank of Greece

Abstract: This paper explores differences in performance between firms that export and those that do not. With only a few exceptions, exporters have characteristics which suggest “better” performance than non-exporters, controlling for observed and unobserved heterogeneity. This paper aims to provide evidence on the differences between exporters and non-exporters in terms of labour productivity and profitability across time, different sectors of economic activity and different size groups, using data from exporting and non-exporting firms incorporated in Greece for the period 2006-2014. The results suggest that the exporter productivity premium is around 14% for the whole sample, pointing to a significant productivity advantage for exporting firms which is even stronger in certain sectors of economic activity. There is also evidence in favour of higher productivity growth for always-exporting firms and starters, while there is a negative, though insignificant, effect for stoppers.

Keywords: export premia; labour productivity; Greece; firm performance (search for similar items in EconPapers)
JEL-codes: F14 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eff, nep-eur, nep-int and nep-sbm
Date: 2017-06
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