Decomposing service exports adjustments along the intensive and extensive margin at the firm-level
| Autor: | Michael Pfaffermayr, Yvonne Wolfmayr, Elisabeth Christen |
|---|---|
| Rok vydání: | 2018 |
| Předmět: |
Counterfactual thinking
Labour economics media_common.quotation_subject 05 social sciences Geography Planning and Development Regulatory reform Development Random effects model Supply and demand Margin (finance) Gravity model of trade Service (economics) 0502 economics and business Economics 050207 economics Industrial organization 050205 econometrics media_common Panel data |
| Zdroj: | Review of International Economics. 27:155-183 |
| ISSN: | 0965-7576 |
| DOI: | 10.1111/roie.12365 |
| Popis: | Using a panel data set of Austrian service exporting firms this paper examines the determinants of service exports at the firm/destination country level. We implement a random effects Heckman sample selection firm‐level gravity model as well as a fixed effects Poisson model. Expected firm‐level service exports are decomposed into the intensive and extensive margins of adjustment as a response to counterfactual changes. We find market demand to be a key determinant. Results also suggest high service export potentials due to regulatory reform in partner countries within the EU. Adjustments at the extensive margin only play a marginal role. Increases in firm size as well as changes in distance related costs are most effective in developing new export relationships in services. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|