Globalization drives strategic product switching /

Globalization drives strategic product switching /

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Bibliographic Details
Author / Creator:Moreno Badia, Marialuz, author.
Imprint:Washington, D.C. : International Monetary Fund, ©2008.
Description:1 online resource (44 pages) : illustrations
Language:English
Series:IMF working paper ; WP/08/246.
Subject:
Globalization -- Economic aspects -- Estonia -- Econometric models.
Product management -- Estonia -- Econometric models.
Costs, Industrial -- Estonia -- Econometric models.
Costs, Industrial -- Econometric models.
Product management -- Econometric models.
Estonia.
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12499560
Hidden Bibliographic Details
Other authors / contributors:Slootmaekers, Veerle, author.
Beveren, I. van (Ilke), author.
International Monetary Fund. European Department.
ISBN:1282841971
9781282841970
9781452796499
1452796491
9781451915570
1451915578
1462370926
9781462370924
145187104X
9781451871043
9786612841972
6612841974
Digital file characteristics:data file
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.
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.
Other form:Print version: Moreno Badia, Marialuz. Globalization drives strategic product switching. Washington, D.C. : International Monetary Fund, ©2008
Standard no.:10.5089/9781451915570.001

MARC

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245 1 0 |a Globalization drives strategic product switching /  |c prepared by Marialuz Moreno Badia, Veerle Slootmaekers, and Ilke Van Beveren. 
260 |a Washington, D.C. :  |b International Monetary Fund,  |c ©2008. 
300 |a 1 online resource (44 pages) :  |b illustrations 
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504 |a Includes bibliographical references (pages 41-44). 
520 |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. 
588 0 |a Print version record. 
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505 0 |a 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. 
505 8 |a 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. 
546 |a English. 
650 0 |a Globalization  |x Economic aspects  |z Estonia  |x Econometric models. 
650 0 |a Product management  |z Estonia  |x Econometric models. 
650 0 |a Costs, Industrial  |z Estonia  |x Econometric models. 
650 6 |a Mondialisation  |z Estonie  |x Modèles économétriques. 
650 6 |a Produits commerciaux  |z Estonie  |x Gestion  |x Modèles économétriques. 
650 6 |a Coût de production  |z Estonie  |x Modèles économétriques. 
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650 7 |a Product management  |x Econometric models.  |2 fast  |0 (OCoLC)fst01078231 
651 7 |a Estonia.  |2 fast  |0 (OCoLC)fst01223630 
655 4 |a Electronic books. 
700 1 |a Slootmaekers, Veerle,  |e author. 
700 1 |a Beveren, I. van  |q (Ilke),  |e author. 
710 2 |a International Monetary Fund.  |b European Department. 
776 0 8 |i Print version:  |a Moreno Badia, Marialuz.  |t Globalization drives strategic product switching.  |d Washington, D.C. : International Monetary Fund, ©2008  |w (OCoLC)317062531 
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