Hernandez, Pedro J. (2013): A Note on the Link between Firm Size and Exports.
Preview |
PDF
MPRA_paper_51576.pdf Download (51kB) | Preview |
Abstract
This paper re-examines the link between firm size and exports in order to study the proposal that consists of increasing the firm size to raise exports as a way out of the current economic crisis. The elasticity of export propensity (percentage of exported sales) with respect to firm size depends on several firm characteristics. The new theories of international trade emphasize the firm heterogeneity as the theoretical basis of this behaviour. In the context of such heterogeneity, this paper uses the quantile regression methodology to analyze the effect of firm size on export propensity of the firms, confirming the existence of a positive relationship that becomes less important as export propensity increases. The traditional estimate of this elasticity on the average of the export propensities distribution underestimates the effect in the bottom of the distribution and overestimates the effect on most of it.
Item Type: | MPRA Paper |
---|---|
Original Title: | A Note on the Link between Firm Size and Exports |
Language: | English |
Keywords: | Exports, Firm Size |
Subjects: | F - International Economics > F1 - Trade > F14 - Empirical Studies of Trade L - Industrial Organization > L2 - Firm Objectives, Organization, and Behavior > L25 - Firm Performance: Size, Diversification, and Scope |
Item ID: | 51576 |
Depositing User: | Pedro J. Hernández |
Date Deposited: | 20 Nov 2013 03:56 |
Last Modified: | 02 Oct 2019 14:17 |
References: | Altomonte, C. and Aquilante, T, 2012. The EU-EFIGE/Bruegel-Unicredit Dataset. Bruegel Working Paper, October 2012. Antràs, P., 2011. El Comportamiento de las Exportaciones Españolas. Apuntes FEDEA. BBVA Research, 2012. Situación España. Cuarto Trimestre 2012. Bernard, A.B., Jensen, J.B., Redding, S.J. y Schott, P.K, 2007. Firms in International Trade. Journal of Economic Perspectives 21(3), 105-130. Bernard, A.B., Jensen, J.B., Redding, S.J. y Schott, P.K., 2011. The Empirics of Firm Heterogeneity and International Trade. NBER Working Paper 17627. Heckman, J., 1979. Sample Selection Bias as a Specification Error. Econometrica 47, 350-354. Koenker, R. and Basset, G., 1978. Regression quantiles. Econometrica 46, 33-50. Iyer, K., 2010. The Determinants of Firm-Level Export Intensity in New Zealand Agriculture and Forestry. Economic Analysis and Policy 40(1), 75-86. Majocchi, A. Bacchiocchi, E. and Mayrhofer, U., 2005. Firm size, business experience and export intensity in SMEs: A longitudinal approach to complex relationships, International Business Review 14, 719-738. Pla-Barber, J. and Alegre, J., 2007. Analysing the link between export intensity, innovation and firm size in a science-based industry. International Business Review 16, 275-293. Powell, D. y Wagner, J., 2011. The Exporter Productivity Premium along the Productivity Distribution. Evidence from Unconditional Quantile Regression with Firm Fixed Effects. RAND Working Paper WR-837. Redding, S.J., 2010. Theories of Heterogeneous Firms and Trade. NBER Working Paper 16562. Vermeulen, P., 2004. Factor content, size, and export propensity at the firm level. Economics Letters 82, 249-252. Verwaal, E. and Donkers, B., 2002. Firm Size and Export Intensity: Solving an Empirical Puzzle. Journal of International Business Studies 33(3), 6013-613. Wagner, J., 1995. Exports, Firm Size, and Firm Dynamics. Small Business Economics 7, 29-39. Wagner, J., 2011. From Estimation Results to Stylized Facts: Twelve Recommendations for Empirical Research in International Activities of Heterogeneous Firms. De Economist 159(4), 389-412. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/51576 |