Hidden Bibliographic Details
| Other authors / contributors: | Slootmaekers, Veerle, author.
Beveren, I. van (Ilke), author.
International Monetary Fund. European Department.
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| ISBN: | 1282841971
9781282841970
9781452796499
1452796491
9781451915570
1451915578
1462370926
9781462370924
145187104X
9781451871043
9786612841972
6612841974
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| Digital file characteristics: | data file
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| Notes: | At head of title: European Department.
"October 2008."
Includes bibliographical references (pages 41-44).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2011.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
digitized 2011 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | 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.
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| Other form: | Print version: Moreno Badia, Marialuz. Globalization drives strategic product switching. Washington, D.C. : International Monetary Fund, ©2008
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| Standard no.: | 10.5089/9781451915570.001
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