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Joachim Wagner |
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''Exports, R&D and productivity: a test of the Bustos-model with German enterprise data'' |
( 2012, Vol. 32 No.3 ) |
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This paper presents the first empirical test with German firm level data of a hypothesis derived by Bustos (AER 2011) in a model that explains the decision of heterogeneous firms to export and to engage in R&D. Using a non-parametric test for first order stochastic dominance it is shown that, in line with this hypothesis, the productivity distribution of firms with exports and R&D dominates that of exporters without R&D, which in turn dominates that of firms that neither export nor engage in R&D. These results are in line with findings for Argentina. The model, therefore, seems to be useful to guide empirical work on the relation between exports, R&D and productivity. |
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Keywords: Exports, R&D, productivity, Germany |
JEL: F1 - Trade: General L6 - Industry Studies: Manufacturing: General |
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Manuscript Received : Jun 26 2012 | | Manuscript Accepted : Jul 16 2012 |
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