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

Please use this identifier to cite or link to this item: https://doi.org/10.48548/pubdata-1187

Resource type	Working Paper
Title(s)	Exports, Foreign Direct Investment and Productivity: Evidence from German Firm Level Data
DOI	10.48548/pubdata-1187
Handle	20.500.14123/1250
Creator	Wagner, Joachim 0000-0001-6058-4536 129798215
Abstract	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.
Language	English
Keywords	Exports; Foreign Direct Investment; Productivity; Heterogeneous Firms; Stochastic; Export; Auslandsinvestition; Produktivität; Stochastik
Year of publication in PubData	2005
Publishing type	First publication
Publication version	Published version
Date issued	2005-07-06
Creation context	Research
Published by	Medien- und Informationszentrum, Leuphana Universität Lüneburg
Related resources	Relations of this publication Relations of this publication