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  1. International Economics and Economic Policy
  2. International Economics and Economic Policy : Volume 10
  3. International Economics and Economic Policy : Volume 10, Issue 4, December 2013
  4. Export behavior of German SMEs in the Eurozone
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International Economics and Economic Policy : Volume 14
International Economics and Economic Policy : Volume 13
International Economics and Economic Policy : Volume 12
International Economics and Economic Policy : Volume 11
International Economics and Economic Policy : Volume 10
International Economics and Economic Policy : Volume 10, Issue 4, December 2013
Monetary policy and real estate prices: a disaggregated analysis for Switzerland
Are immigrants really attracted to the welfare state? Evidence from OECD countries
Economic performance and international trade engagement: the case of Portuguese manufacturing firms
Special economic zones and growth in China and India: an empirical investigation
Does foreign direct investment cause long run economic growth? Evidence from the Latin American and the Caribbean countries
On the institutional design of burden sharing when financing external border enforcement in the EU
Export behavior of German SMEs in the Eurozone
Institutionalisation without internalisation. The cultural dimension of French-German conflicts on European Central Bank independence
International Economics and Economic Policy : Volume 10, Issue 3, September 2013
International Economics and Economic Policy : Volume 10, Issue 2, June 2013
International Economics and Economic Policy : Volume 10, Issue 1, March 2013
International Economics and Economic Policy : Volume 9
International Economics and Economic Policy : Volume 8
International Economics and Economic Policy : Volume 7
International Economics and Economic Policy : Volume 6
International Economics and Economic Policy : Volume 5
International Economics and Economic Policy : Volume 4
International Economics and Economic Policy : Volume 3
International Economics and Economic Policy : Volume 2
International Economics and Economic Policy : Volume 1

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Export behavior of German SMEs in the Eurozone

Content Provider Springer Nature Link
Author Bagci, Kenan
Copyright Year 2012
Abstract The paper investigates the export behavior of German small and medium-sized enterprises (SMEs) in response to the introduction of Euro and the subsequent fall in trade costs. Based on a testable prediction derived from Helpman et al. (American Economic Review 94:300–316, 2004) and Helpman (Journal of Economic Literature 44:589–630, 2006), the paper argues that the likelihood of SMEs to become an exporter increases after the monetary union. By using an empirical probit estimation technique, it is found that SMEs, and especially medium-sized enterprises, indeed benefit from cost reductions in entering into export markets. What is more, firms operating in furniture, electrical equipment, plastics, medical instruments, machinery and textiles are more likely to benefit from monetary union. These results are robust to using exchange rate volatility as a proxy for the cost reductions due to monetary union.
Starting Page 613
Ending Page 629
Page Count 17
File Format PDF
ISSN 16124804
Journal International Economics and Economic Policy
Volume Number 10
Issue Number 4
e-ISSN 16124812
Language English
Publisher Springer Berlin Heidelberg
Publisher Date 2012-12-08
Publisher Place Berlin, Heidelberg
Access Restriction One Nation One Subscription (ONOS)
Subject Keyword Monetary Union Export Behavior Small and Medium-sized Enterprises International Economics Economic Policy Macroeconomics/Monetary Economics
Content Type Text
Resource Type Article
Subject Economics and Econometrics
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