Firm Heterogeneity and Aggregate Business Services Exports: Micro Evidence from Belgium, France, Germany and Spain

Abstract

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Service characteristics and the choice between exports and FDI: Evidence from Belgian firms

“…Therefore, we provide insights on reasons for the low level of cross-border trade in services by taking a supplier perspective. This is in line with the current trade literature on heterogeneous firms and their decision whether or not to internationalise (Ariu et al, 2018). However, if it is firms not countries or industries that trade it is also the case that it is goods and services that are traded, not firms.…”

The Determinants of Service Export Behaviour in Italian Non-Financial Firms

“…As in Ariu et al (2019), a further robustness check is performed in Table 12, analysing the export performance across two more homogeneous classes of firm size. Specifically, the analysis is restricted to the top 100 (and 200) firms, defined on the basis of the average value of their exports, which account for the 77.2 (and 90.1) per cent of the panel's total exports of "other services".…”

“…The growth of international trade in services has also been significant for European Union (EU) countries: the value of service exports for the EU-28 as a whole more than tripled between 1999 and 2018, while, in the same period, goods exports increased by 250 per cent and GDP by 176 per cent. Moreover, the ratio between exports and value added of the service sector has shown a constant increase (see Ariu et al, 2019).…”

Firm productivity, heterogeneity and macroeconomic dynamics: a data-driven investigation

“…This has been recently reiterated by Ghironi (2018) who points towards the need for more encompassing, empirical microfoundations in the development of macroeconomic models. The issue has been recognized in academic research, including the pioneering theoretical studies by Hopenhayn (1992), Melitz (2003), Helpman, Melitz, and Rubinstein (2007), Chaney (2008), as well as the more recently applied research on the firm-level data by Bartelsman and Doms (2000), Hsieh and Klenow (2009), Bartelsman, Haltiwanger, and Scarpetta (2013), Ariu et al (2017), to mention only a few.…”