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The impact of financial and human resources on the export performance of Russian firms

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  • Kadochnikov, Sergey M.
  • Fedyunina, Anna A.

Abstract

This study contributes to the literature by investigating for the first time the effects of the entrepreneurial environment on export survival in Russia. Using the continuous-time Cox model and discrete-time complementary log-log and probit models, we study the effects of the availability of human and financial resources on export survival across Russian regions between 2002 and 2010. Taking into account uncertainty and time effects reveals that these effects are falling over time and are more important for larger exporters. Thus, there is evidence of a learning curve for exporters when the latter become more efficient in dealing with regional-level resources and the regulatory environment over time.

Suggested Citation

  • Kadochnikov, Sergey M. & Fedyunina, Anna A., 2017. "The impact of financial and human resources on the export performance of Russian firms," Economic Systems, Elsevier, vol. 41(1), pages 41-51.
  • Handle: RePEc:eee:ecosys:v:41:y:2017:i:1:p:41-51
    DOI: 10.1016/j.ecosys.2016.11.001
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    More about this item

    Keywords

    Export performance; Export survival; Financial resources; Human resources; Russian regions;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics

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