Export Propensity of Estonian and Slovenian Manufacturing Firms : Does Foreign Ownership Matter?
AbstractThis article discusses the determinants of export propensity of foreign firms in Estonian and Slovenian manufacturing sectors relative to domestic firms. We show that differences in export propensity between foreign and domestic firms in Slovenia and Estonia are significant and that they are due to structural differences between foreign and domestic firms which are reflected in: (1) different efficiency of factors utilization and productivity level, and (2) differences in other operational characteristics, which determine productivity and export propensity. Superior export propensity of foreign firms is partly due to the factor of "foreign ownership" itself, which also embraces the effect of multinationality.
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Bibliographic InfoArticle provided by M.E. Sharpe, Inc. in its journal Eastern European Economics.
Volume (Year): 42 (2004)
Issue (Month): 4 (July)
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Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=106044
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- Bersant Hobdari & Aleksandra Gregoric & Evis Sinani, 2011. "The role of firm ownership on internationalization: evidence from two transition economies," Journal of Management and Governance, Springer, vol. 15(3), pages 393-413, August.
- Jože P. Damijan & Matija Rojec & Maja Ferjančič, 2011. "The Growing Export Performance of Transition Economies: EU Market Access versus Supply Capacity Factors," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 58(4), pages 489-509, December.
- Sangho KIM & Donghyun PARK, 2011. "Ownership Structure of Firms and Their Export Performance: Evidence from Korea," Economic Growth centre Working Paper Series 1101, Nanyang Technolgical University, School of Humanities and Social Sciences, Economic Growth centre.
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