04017nam 2200685 450 991046361610332120170817192956.01-4623-7092-61-4518-7104-X97866128419721-4527-9649-11-282-84197-1(CKB)3170000000055141(EBL)1586706(SSID)ssj0000944133(PQKBManifestationID)11518474(PQKBTitleCode)TC0000944133(PQKBWorkID)10983294(PQKB)11410749(OCoLC)762062544(MiAaPQ)EBC1586706(EXLCZ)99317000000005514120140226h20082008 uy 0engur|n|---|||||txtccrGlobalization drives strategic product switching /Marialuz Moreno Badia, Veerle Slootmaekers, and Ilke Van Beveren ; authorized for distribution by Bob Traa[Washington, District of Columbia] :International Monetary Fund,2008.©20081 online resource (68 p.)IMF Working PapersIMF working paper ;WP/08/246Description based upon print version of record.1-4519-1557-8 Includes bibliographical references.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 Markets7. 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; FootnotesUsing 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 showIMF Working PapersGlobalizationEconomic aspectsEstoniaEconometric modelsProduct managementEstoniaEconometric modelsCosts, IndustrialEstoniaEconometric modelsElectronic books.GlobalizationEconomic aspectsEconometric models.Product managementEconometric models.Costs, IndustrialEconometric models.337Moreno Badia Marialuz864458Slootmaekers Veerle864459Beveren I. van(Ilke)996373Authorized for distribution by Bob Traa996374MiAaPQMiAaPQMiAaPQBOOK9910463616103321Globalization drives strategic product switching2284383UNINA