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The Good have a Website Evidence on website premia for firms from 18 European countries

Author

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  • Joachim Wagner

    (Leuphana University, Lueneburg, Institute for the World Economy, Kiel, and IZA, Bonn)

Abstract

This paper uses firm level data from the World Bank Enterprise surveys conducted in 2019 in 18 European countries to investigate the link between having a website and firm characteristics. We find that firms which are present in the web are larger, older, more productive, and more often exporters, product innovators, process innovators and (partly) foreign owned firms than firms without a website. The estimated website premia are statistically highly significant ceteris paribus after controlling for country and sector of economic activity. Furthermore, the size of these premia can be considered to be large. Good firms tend to have a website.

Suggested Citation

  • Joachim Wagner, 2021. "The Good have a Website Evidence on website premia for firms from 18 European countries," Working Paper Series in Economics 401, University of Lüneburg, Institute of Economics.
    • Handle: RePEc:lue:wpaper:401
    as

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    References listed on IDEAS

    as
    1. Joachim Wagner, 2016. "Exports and Productivity: A Survey of the Evidence from Firm Level Data," World Scientific Book Chapters, in: Microeconometrics of International Trade, chapter 1, pages 3-41, World Scientific Publishing Co. Pte. Ltd..
    2. Joachim Wagner, 2021. "With a little help from my website. Firm survival and web presence in times of COVID-19 – Evidence from 10 European countries," Economics Bulletin, AccessEcon, vol. 41(3), pages 1898-1906.
    3. Joachim Wagner, 2021. "With a little help from my website Firm survival and web presence in times of COVID-19 – Evidence from 10 European countries," Working Paper Series in Economics 399, University of Lüneburg, Institute of Economics.
    4. Bernard, Andrew B. & Bradford Jensen, J., 1999. "Exceptional exporter performance: cause, effect, or both?," Journal of International Economics, Elsevier, vol. 47(1), pages 1-25, February.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Website premia; firm characteristics; World Bank Enterprise Surveys;
    All these keywords.

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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