Globalization drives strategic product switching / / Marialuz Moreno Badia, Veerle Slootmaekers, and Ilke Van Beveren ; authorized for distribution by Bob Traa

• Record Nr.: UNINA9910463616103321
• Autore: Moreno Badia Marialuz
• Pubbl/distr/stampa: [Washington, District of Columbia] : , : International Monetary Fund, , 2008; ©2008
• ISBN: 1-4623-7092-6; 1-4518-7104-X; 9786612841972; 1-4527-9649-1; 1-282-84197-1
• Descrizione fisica: 1 online resource (68 p.)
• Collana: IMF Working Papers; IMF working paper ; ; WP/08/246
• Altri autori (Persone): SlootmaekersVeerle; BeverenI. van (Ilke); Authorized for distribution by Bob Traa
• Disciplina: 337
• Soggetti: Globalization - Economic aspects - Estonia - Econometric models; Product management - Estonia - Econometric models; Costs, Industrial - Estonia - Econometric models; Electronic books.
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: Cover Page; Title Page; Copyright Page; Contents; I. Introduction; II. Industry Dynamics in Estonia; 1. Exits and Industry Switches, 1997-2004; 2. Sector Distribution; 3. Four-Digit Product Switches Decomposed25; 4. Destination of Product Switches by Techonology Class; III. Determinants of Firm Dynamics; 5. Summary Statistics; A. Firm Characteristics; B. Product Market Characteristics: Domestic Market; C. Product Market Characteristics: International Competition; IV. Results; A. Baseline Results; 6. Baseline Specificiation; B. Self-Selection into New Markets; 7. Product Switching Versus Industry Switching8. Industry Switching: Manufacturing versus Services; 9. Unit Value Difference Between Industry of Origin and Destination; V. Robustness Checks; A. Results by Size Class; 1. Sample Size Distribution; 10. Determinants of Firm Dynamics Across Size Categories; B. Results by Time Period; 11. Determinants of Firm Dynamics Across Time; VI. Conclusions; Appendix I. Data and Sample Selection; Appendix II. Definitions of Variables; Appendix III. Sector Classification According to Technology Intensity and Knowledge; References; Footnotes
• Sommario/riassunto: 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 show