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2014 | 2 | nr 1 Global Entrepreneurship from the European Perspective | 4--18
Tytuł artykułu

The Influence of Firm Characteristics and Export Performance in Central and Eastern Europe : Comparisons of Visegrad, Baltic and Caucasus States

Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Objective: In this paper we study the firm-level determinants of export performance in three groups of countries: the Visegrad, Baltic and Caucasus countries.

Research Design & Methods: Our analytical framework refers to the most recent strand in the new trade theory literature based on the Melitz (2003) model that stresses the importance of firm productivity in entering the export markets. The empirical implementation of the theoretical framework is based on the probit model and the BEEPS data set.

Findings: Our empirical results confirm the importance of firm characteristics for export performance in the CEE countries. Also heterogeneity between different country groups within the region has been reported.

Implications & Recommendations: Export competitiveness of firms from the CEE countries can be improved through the development of modern educational systems allowing to accelerate the accumulation of human capital. The financial support to research and development and innovation activities should also have a positive impact on the export performance of firms from the CEE countries.

Contribution & Value Added: We take into account labor productivity and other firm characteristics that may affect export performance such as the age and the size of the firm, the use of human capital , and the degree of firm internationalization. (original abstract)
Twórcy
  • University of Warsaw, Poland
  • University of Warsaw, Poland
  • European Central Bank
Bibliografia
  • Bernard, A.B. & Jensen, J.B. (1999). Exceptional exporter performance: cause, effect, or both?, Journal of International Economics, 47(1), pp.1-26.
  • Bernard, A.B. & Wagner, J. (1997). Exports and success in German manufacturing. Weltwirtschaftliches Archiv, 133(1), pp.134-57.
  • Castellani, D. (2002), Export behavior and productivity growth: Evidence from Italian manufacturing firms. Review of World Economics, 138(4), pp. 605-628.
  • Cieślik, A., Michałek, J.J. & Michałek, A. (2012), Determinanty działalności eksportowej polskich przedsiębiorstw. Gospodarka Narodowa, LXXX/XXI(7-8), pp. 67-84.
  • Cieślik, A., Michałek J.J., & Michałek, A. (2013a). Determinanty działalności eksportowej firm z państw Grupy Wyszehradzkiej. In: A. Zielińska-Głebocka & A. Golejewska (eds), Europa Środkowa i Wschodnia - wybrane aspekty rozwoju i konkurencyjności krajów i regionów. Gdańsk: Wydawnictwo Uniwersytetu Gdańskiego, pp. 11-29.
  • Cieślik, A., Michałek, J.J. & Michałek, A. (2013b).Export activity in Visegrad 4 countries: Firm level investigation. Ekonomia,30, pp. 5-24.
  • Clerides, S.K., Lach, S. & Tybout, J.R. (1998). Is learning be exporting important? Micro-dynamic evidence from Colombia, Mexico and Morocco. Quarterly Journal of Economics, 113(3), pp. 903-48.
  • EFIGE (2010) The Global Operations of European Firms. The secondEFIGR Policy Report,Bruegel: European Firms in a Global Economy.
  • Helpman, E., Melitz, M. & Yeaple, S. (2004). Exportversus FDI with heterogeneous firms. American Economic Review, 94(1), pp. 300-316.
  • Melitz, M. (2003). The impact of trade in intra-industry reallocations and aggregate industry productivity. Econometrica, 71(6), pp. 695-1725.
  • Putniņš, T.J. (2013). Exporting by Latvian companies: Vitality, drivers of success, and challenges. Baltic Journal of Economics, 13(2), pp. 3-33.
  • Wagner, J. (2007). Exports and productivity: A survey of the evidence from firm-level data. World Economy, 30(1), pp. 60-82.
  • Wagner, J. (2012). International trade and firm performance: A survey of empirical studies since 2006. Review of World Economy, 148(2), pp. 235-267.
  • World Bank 2010, Business (The) Environment and Enterprise Performance Survey (BEEPS) 2008-2009. A Report on methodology and observations.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171280459

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