Fiw study characteristics of exporting and non exporting firms in austria
This presentation is the property of its rightful owner.
Sponsored Links
1 / 16

FIW-Study Characteristics of exporting and non-exporting firms in Austria PowerPoint PPT Presentation


  • 65 Views
  • Uploaded on
  • Presentation posted in: General

FIW-Study Characteristics of exporting and non-exporting firms in Austria. Johannes Pöschl – Robert Stehrer – Roman Stöllinger financed by Federal Ministry of Economy, Family and Youth FIW Workshop, 06.04.2010. Content. Introduction Dataset Export Participation Export Premia

Download Presentation

FIW-Study Characteristics of exporting and non-exporting firms in Austria

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Fiw study characteristics of exporting and non exporting firms in austria

FIW-StudyCharacteristics of exporting and non-exporting firms in Austria

Johannes Pöschl – Robert Stehrer – Roman Stöllinger

financed by Federal Ministry of Economy, Family and Youth

FIW Workshop, 06.04.2010


Content

Content

  • Introduction

  • Dataset

  • Export Participation

  • Export Premia

    • Descriptive Analysis

    • Econometric Results

  • Summary


Stylised facts

Stylised facts

  • EU27 exports: from 2.21 trillion (1999) to 4.01 trillion (2008)

  • NMS12 exports: from 112 billion (1999) to 441 billion (2008)

  • Only a fraction of all firms in an industry export (firm heterogeneity)

  • Export participation varies substantially across industries(Bernard, Jensen, Schott – 2005)

  • Firms engaged in export activities are larger and more productive (Eaton, Kortum and Kramarz – 2004)


Theory exporters vs non exporters

Theory: Exporters vs. Non-exporters

Exporters face fixed costs of exporting and additional trading costs

profit

productivity

fixed costs

Non-

Exporters

Exporters


Dataset

Dataset

  • Source: Statistik Austria

  • Selected sample: manufacturing industries 2002-2006

  • Firm level data from

    • Leistungs- und Strukturerhebungcovers most firm characteristics2006: 28712 firms

    • Konjunkturstatistikgives information about the export status2006: 6326 firms (93.7% of sales)


First impressions from the data

First impressions from the data

  • 56% of the firms in the sample export in 2006

  • Modest rise in export participation from 54% in 2002

  • In comparison: Austrias manufacturing exports rosefrom 78 billion (2002) to 104 billion (2006)

  • Intensive margin more important

    • Intensive margin: rise in exports of firms already exporting

    • Extensive margin: number of exporters increases


Export participation of austrian firms 2006

Export Participation of Austrian firms (2006)


Export concentration

Export Concentration

1%, 5% and 10% of manufacturing firms account for42%, 74% and 87% of the exports respectively

87%

74%

percentage of exports

42%

percentage of firms (ranked by export sales)


Size comparison average sales per firm

Size comparison – average sales per firm


Size premia of exporters non exporters 1

Size premia of exporters (non-exporters=1)


Performance premia labour productivity

Performance premia – labour productivity


Labour productivity by export intensity

Labour productivity by export intensity


Labour productivity and capital intensitity

Labour productivity and capital intensitity


Econometric results implied export premia

Econometric results – implied export premia

Coefficient of non-exporters = 1, time and industry dummies included

approach following Bernard, Jensen (1999)


Summary

Summary

  • Austrian exporters make up for 87% of employment and 94% of sales (small open economy)

  • Export participation has only increased slightly in the period 2002-2006

  • Exporting firms …

    • are bigger in terms of investment, employment and sales

    • are more capital intensive and exhibit higher labour productivity

  • Employees participate from export premium (capital-skill complementarity)


Fiw study characteristics of exporting and non exporting firms in austria

Thank you

for your attention!


  • Login