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Title:Export entry, export exit, and productivity in German manufacturing industries PDF Logo
Authors:Wagner, Joachim
Issue Date:2007
Series/Report no.:Jena economic research papers 2007,062
Abstract:This paper contributes to the flourishing literature on exports and productivity by using a unique newly available panel of exporting establishments from the manufac-turing sector of Germany from 1995 to 2004 to test three hypotheses derived from a theoretical model by Hopenhayn (Econometrica 1992): (H1) Firms that stop exporting in year t were in t-1 less productive than firms that continue to export in t. (H2) Firms that start to export in year t are less productive than firms that export both in year t-1 and in year t. (H3) Firms from a cohort of export starters that still export in the last year of the panel were more productive in the start year than firms from the same cohort that stopped to export in between. While results for West Germany support all three hypotheses, this is only the case for (H1) and (H2) in East Germany.
Subjects:export entry
export exit
productivity
JEL:F14
L60
Document Type:Working Paper
Appears in Collections:Jena Economic Research Papers, MPI für Ökonomik

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