Verfügbarkeit: 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...

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1. Verfasser:	Moreno Badia, Marialuz (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 2008
Schriftenreihe:	IMF Working Papers Working Paper No. 08/246
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	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
Beschreibung:	1 Online-Ressource (44 p)
ISBN:	145187104X 9781451871043

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spelling	Moreno Badia, Marialuz Verfasser aut Globalization Drives Strategic Product Switching Moreno Badia, Marialuz Washington, D.C International Monetary Fund 2008 1 Online-Ressource (44 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 08/246 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 Online-Ausg Beveren, Ilke Van Sonstige oth Slootmaekers, Veerle Sonstige oth http://elibrary.imf.org/view/IMF001/09660-9781451871043/09660-9781451871043/09660-9781451871043.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Moreno Badia, Marialuz Globalization Drives Strategic Product Switching
title	Globalization Drives Strategic Product Switching
title_auth	Globalization Drives Strategic Product Switching
title_exact_search	Globalization Drives Strategic Product Switching
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title_full	Globalization Drives Strategic Product Switching Moreno Badia, Marialuz
title_fullStr	Globalization Drives Strategic Product Switching Moreno Badia, Marialuz
title_full_unstemmed	Globalization Drives Strategic Product Switching Moreno Badia, Marialuz
title_short	Globalization Drives Strategic Product Switching
title_sort	globalization drives strategic product switching
url	http://elibrary.imf.org/view/IMF001/09660-9781451871043/09660-9781451871043/09660-9781451871043.xml
work_keys_str_mv	AT morenobadiamarialuz globalizationdrivesstrategicproductswitching AT beverenilkevan globalizationdrivesstrategicproductswitching AT slootmaekersveerle globalizationdrivesstrategicproductswitching

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