Exports and Firm Characteristics – First Evidence from Fractional Probit Panel Estimates
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.
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- Joachim Wagner, 2003.
"Unobserved firm heterogeneity and the size-exports nexus: Evidence from German panel data,"
Review of World Economics (Weltwirtschaftliches Archiv),
Springer, vol. 139(1), pages 161-172, March.
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NBER Technical Working Papers
0147, National Bureau of Economic Research, Inc.
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- Joseph Hilbe, 1993. "Generalized linear models," Stata Technical Bulletin, StataCorp LP, vol. 2(11).
- 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.
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