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Firm Heterogeneity and Exports: Stylized Facts from Greek Firms

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Abstract

The paper presents a set of empirical regularities that characterize the activity of Greek exporters. Using a unique data set of Greek manufacturing firms with firm-level exports, credit scores and other financial variables for the 2003–2015 period, we find that export value increases with the firm’s size, labour productivity, the skill premium of wages and the employment ratio in research and development activities. Moreover, the results indicate that less credit-constrained Greek exporters with higher credit scores export more.

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Acknowledgments

The paper was presented at the 87th International Atlantic Economic Conference in Athens, 28 March 2019. We would like to thank Sarantis Kalyvitis and Eirini Thomaidou for our valuable discussions and their helpful suggestions. Our research was conducted at the Lab of International Economic Relations, Athens University of Economics and Business (AUEB).

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Correspondence to Margarita Katsimi.

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Drivas, K., Katsimi, M. Firm Heterogeneity and Exports: Stylized Facts from Greek Firms. Atl Econ J 47, 137–145 (2019). https://doi.org/10.1007/s11293-019-09617-6

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  • DOI: https://doi.org/10.1007/s11293-019-09617-6

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