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Martin Falk and Eva Hagsten
''Export status and firm growth of European SMEs''
( 2015, Vol. 35 No.2 )
This paper provides new evidence on the link between the export status and growth of small and medium-sized enterprises. The data consists of CIS 2010 data for 20 EU countries with about 113,000 firm-level observations. The results show that growth rates of both output and employment of exporting SMEs are significantly higher than those for non exporting SMEs. On average exporting SMEs have a 0.6 percentage points higher average employment growth rate and a 0.9 percentage points higher average output growth rate (in current prices) per year for the period 2008-2010. However, there is a large variation in the strength of the link between firm growth and export status with higher magnitudes for SMEs in manufacturing and business services and lower in the remaining service industries.
Keywords: export status, exports of goods and services, SMEs, firm growth, Community Innovation survey
JEL: F1 - Trade: General
L2 - Firm Objectives, Organization, and Behavior: General
Manuscript Received : Dec 19 2014 Manuscript Accepted : Jun 01 2015

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