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

Author

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  • Joachim Wagner

    () (Institute of Economics, Leuphana University of Lüneburg)

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.

Suggested Citation

  • Joachim Wagner, 2008. "Exports and Firm Characteristics – First Evidence from Fractional Probit Panel Estimates," Working Paper Series in Economics 97, University of Lüneburg, Institute of Economics.
  • Handle: RePEc:lue:wpaper:97
    as

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    File URL: https://www.leuphana.de/fileadmin/user_upload/Forschungseinrichtungen/ifvwl/WorkingPapers/lue/pdf/wp_97_Upload.pdf
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    References listed on IDEAS

    as
    1. Joseph Hilbe, 1993. "Generalized linear models," Stata Technical Bulletin, StataCorp LP, vol. 2(11).
    2. Papke, Leslie E. & Wooldridge, Jeffrey M., 2008. "Panel data methods for fractional response variables with an application to test pass rates," Journal of Econometrics, Elsevier, vol. 145(1-2), pages 121-133, July.
    3. Papke, Leslie E & Wooldridge, Jeffrey M, 1996. "Econometric Methods for Fractional Response Variables with an Application to 401(K) Plan Participation Rates," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 11(6), pages 619-632, Nov.-Dec..
    4. Joachim Wagner, 2003. "Unobserved firm heterogeneity and the size-exports nexus: Evidence from German panel data," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 139(1), pages 161-172, March.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Exports; firm characteristics; fractional probit panel model; Germany;

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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    This paper has been announced in the following NEP Reports:

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