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The decision to export: a panel data analysis for Spanish manufacturing

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Abstract

This paper aims to empirically analyse the determinants of the decision to export using a sample of Spanish manufacturing firms during the 1990s. The data are drawn from the Encuesta sobre Estrategias Empresariales. A panel data probit model is used that is estimated using maximum-likelihood techniques. The results show that regional and local spillovers and firm characteristics such as age, size, productivity, corporation, foreign ownership, R&D and advertising intensity, have a positive and significant influence on the probability of exporting. Furthermore, public sector oriented sales have a significant and negative impact.

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  • Juan Manez & Maria Rochina & Juan Sanchis, 2004. "The decision to export: a panel data analysis for Spanish manufacturing," Applied Economics Letters, Taylor & Francis Journals, vol. 11(11), pages 669-673.
    • Handle: RePEc:taf:apeclt:v:11:y:2004:i:11:p:669-673
    DOI: 10.1080/1350485042000236601
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    2. José Vicente Blanes Cristóbal & Juliette Milgram Baleix, 2009. "Costes irrecuperables de exportación, productividad y elección de mercado de exportación de las empresas españolas," FEG Working Paper Series 09/04, Faculty of Economics and Business (University of Granada).
    3. Ashok Parikh & Kunal Sen, 2006. "Probit with heteroscedasticity: an application to Indian poverty analysis," Applied Economics Letters, Taylor & Francis Journals, vol. 13(11), pages 699-707.
    4. Pedro J. Hernández, 2020. "Reassessing the link between firm size and exports," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 10(2), pages 207-223, June.
    5. Fernández-Olmos, Marta & Díez-Vial, Isabel, 2013. "Effect of firm’s resources on international diversification: An application in the Iberian Ham industry," European Management Journal, Elsevier, vol. 31(2), pages 196-208.
    6. Marion Dovis & Juliette Milgram‐Baleix, 2009. "Trade, Tariffs and Total Factor Productivity: The Case of Spanish Firms," The World Economy, Wiley Blackwell, vol. 32(4), pages 575-605, April.
    7. Mariasole Bann√ö & Diego Giuliani & Enrico Zaninotto, 2014. "Going abroad on regional shoulders: The role of spillovers on the composition of regional exports," DEM Discussion Papers 2014/06, Department of Economics and Management.
    8. Gullstrand, Joakim, 2011. "Firm and destination-specific export costs: The case of the Swedish food sector," Food Policy, Elsevier, vol. 36(2), pages 204-213, April.
    9. Suleiman Daood Al-Oshaibat & Sufian Radwan Al-Manaseer, 2018. "The Effect of Accounting and Market Indicators on Predicting the Stock Prices for Jordanian Banks: An Econometric Study for the Period (2010-2015)," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 10(4), pages 146-153, April.
    10. Libaers, Dirk & Meyer, Martin, 2011. "Highly innovative small technology firms, industrial clusters and firm internationalization," Research Policy, Elsevier, vol. 40(10), pages 1426-1437.
    11. Canfei He & Fenghua Pan, 2010. "Economic Transition, Dynamic Externalities and City-industry Growth in China," Urban Studies, Urban Studies Journal Limited, vol. 47(1), pages 121-144, January.
    12. Minondo, Asier, 2012. "Trading firms in the Spanish services sector," MPRA Paper 43224, University Library of Munich, Germany.
    13. Fryges, Helmut, 2006. "Hidden champions - how young and small technology-oriented firms can attain high export-sales ratios," ZEW Discussion Papers 06-045, ZEW - Leibniz Centre for European Economic Research.

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