Abstract
In this paper we provide detailed evidence on the performance of exporters compared to non-exporters in Austrian manufacturing industries based on firm-level data. The centrepiece of the study is the issue of the export premium, i. e. the size and productivity advantages of exporting firms compared to their purely domestic peers. We present evidence for the existence of sales, labour productivity and wage premia. These results are largely in line with the results found for other European countries. Furthermore we document the existence of large differences in these premia across industries and provide explanations for this finding. Our results are robust with regards to including additional firm control variables such as employment and R&D-related variables though the magnitudes of the export premia become much smaller. We also propose a new interpretation of the export premium estimation with firm fixed effects which we interpret as a result on export switchers. Finally, we employ a probit model to document the importance of sunk export costs for the decision to export.
| Originalsprache | Englisch |
|---|---|
| Seiten (von - bis) | 375-405 |
| Seitenumfang | 31 |
| Fachzeitschrift | EMPIRICA |
| Jahrgang | 39 |
| Ausgabenummer | 3 |
| DOIs | |
| Publikationsstatus | Veröffentlicht - Aug. 2012 |
| Extern publiziert | Ja |
Bibliographische Notiz
Funding Information:Acknowledgments This publication was produced in the framework of MICRO-DYN (www.micro-dyn.eu), an international economic research project focusing on the competitiveness of firms, regions and industries in the knowledge-based economy. The project is funded by the EU Sixth Framework Programme (www.cordis.lu) with socio-economic sciences and humanities (http://ec.europa.eu/research/social-sciences/index_en.html). This publication reflects only the authors’ views. The European Community is not liable for any use that may be made of the information contained therein. It also benefited strongly from work on our previous study ‘‘Characteristics of exporting and non-exporting firms in Austria’’ which was commissioned by the Austrian Federal Ministry of Economics, Family and Youth (BMWFJ) within the framework of the ‘Research Centre International Economics’ (FIW) in November 2008 and published as FIW Research Report 2009/2010 No. 01. We would also like to thank Statistik Austria for providing access to the firm level data within the restricted range of possibilities. We thank Carlo Altomonte for comments and clarifications.