Globalization Drives Strategic Product Switching /

Globalization Drives Strategic Product Switching /

Using firm-level data for Estonia for the years 1997-2005, we analyze the impact of international competition on firm dynamics, considering both firm closedown and product switching. We contribute to the literature in two important ways: (1) this is the first paper to study the determinants of exit...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Moreno Badia, Marialuz
Muut tekijät: Beveren, Ilke Van, Slootmaekers, Veerle
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2008.
Sarja:IMF Working Papers; Working Paper ; No. 2008/246
Linkit:Full text available on IMF
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245 1 0 |a Globalization Drives Strategic Product Switching /  |c Marialuz Moreno Badia, Veerle Slootmaekers, Ilke Van Beveren. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2008. 
300 |a 1 online resource (44 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Using firm-level data for Estonia for the years 1997-2005, we analyze the impact of international competition on firm dynamics, considering both firm closedown and product switching. We contribute to the literature in two important ways: (1) this is the first paper to study the determinants of exit and product switching in an emerging market; and (2) we consider explicitly the role of export opportunities. Our results indicate that globalization does not affect firm exit significantly but it is an important factor explaining product switching. Previous studies on industrial countries have shown that product switching has been a defensive strategy against low-cost imports. In contrast, our results suggest that Estonian firms have switched products as an offensive strategy to take advantage of the export opportunities created by trade liberalization. 
538 |a Mode of access: Internet 
700 1 |a Beveren, Ilke Van. 
700 1 |a Slootmaekers, Veerle. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2008/246 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2008/246/001.2008.issue-246-en.xml  |z IMF e-Library 

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