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Using a panel data set of Austrian service exporting firms this paper examines the determinants of service exports at the firm- and 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.
Handbook of Computable General Equilibrium Modeling, 2013, (1), S.1601-1643, http://dx.doi.org/10.1016/B978-0-444-59568-3.00025-0
Online seit: 13.10.2015 10:24