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

26 Pages Posted: 12 Feb 2019

See all articles by Andrea Ariu

Andrea Ariu

Ludwig Maximilian University of Munich (LMU)

Sven Blank

Deutsche Bundesbank - Research Centre

Elena Biewen

Deutsche Bundesbank

Guillaume Gaulier

Banque de France

María Jesus González

Banco de España

Philipp Meinen

Deutsche Bundesbank

Cesar Martín

Banco de España

Daniel Mirza

François Rabelais University

Patry Tello

Banco de España

Date Written: February 2019

Abstract

This paper uses detailed micro data on services exports at the firm–destination–service level to analyse the role of firm heterogeneity in shaping aggregate services exports in Belgium, France, Germany and Spain from 2003 to 2007. We decompose the level and the growth of aggregate services exports into different trade margins paying special attention to firm heterogeneity within countries. We find that the weak export growth of France is at least partly due to poor performance by small exporters. By contrast, small exporters are the most dynamic contributors to the aggregate exports of Belgium, Germany and Spain. Our results highlight the importance of firm heterogeneity in understanding aggregate export growth.

Keywords: cross‐country micro data study, firm heterogeneity, services exports

Suggested Citation

Ariu, Andrea and Blank, Sven and Biewen, Elena and Gaulier, Guillaume and González, María Jesus and Meinen, Philipp and Martín, Cesar and Mirza, Daniel and Tello, Patry, Firm Heterogeneity and Aggregate Business Services Exports: Micro Evidence from Belgium, France, Germany and Spain (February 2019). The World Economy, Vol. 42, Issue 2, pp. 564-589, 2019. Available at SSRN: https://ssrn.com/abstract=3332608 or http://dx.doi.org/10.1111/twec.12707

Andrea Ariu (Contact Author)

Ludwig Maximilian University of Munich (LMU) ( email )

Geschwister-Scholl-Platz 1
Munich, Bavaria 80539
Germany

Sven Blank

Deutsche Bundesbank - Research Centre ( email )

Wilhelm-Epstein-Str. 14
D-60431 Frankfurt/Main
Germany

Elena Biewen

Deutsche Bundesbank

Wilhelm-Epstein-Str. 14
Frankfurt/Main, 60431
Germany

Guillaume Gaulier

Banque de France ( email )

Paris
France

María Jesus González

Banco de España ( email )

Alcala 50
Madrid 28014
Spain

Philipp Meinen

Deutsche Bundesbank ( email )

Wilhelm-Epstein-Str. 14
Frankfurt/Main, 60431
Germany

Cesar Martín

Banco de España ( email )

Alcala 50
Madrid 28014
Spain

Daniel Mirza

François Rabelais University ( email )

60 rue du Plat D'Etain
Tours, 37020
France

Patry Tello

Banco de España

Alcala 50
Madrid 28014
Spain

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