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Determinants of Export Participation: Evidence from Thai Manufacturing 9 Small and Medium-Sized Enterprises |
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| รหัสดีโอไอ | |
| Creator | 1. Yot Amornkitvikai 2. Teerawat Charoenrat |
| Title | Determinants of Export Participation: Evidence from Thai Manufacturing 9 Small and Medium-Sized Enterprises |
| Publisher | School of Development Economic |
| Publication Year | 2558 |
| Journal Title | Development Economic Review |
| Journal Vol. | 9 |
| Journal No. | 1 |
| Page no. | 9 |
| Keyword | Export Participation, Small and Medium-Sized Enterprises, Thai Manufacturing |
| ISSN | 1906-2540 |
| Abstract | This paper empirically examines firm-specific factors that could affect the export participation of 65,111 Thai manufacturing SMEs. Three limited, dependent variable models (the probit model, the logit model and the linear probability model) were used to check the sensitivity of the results. With respect to the determinants that affect a firm's export decision, a number of factors such as i) firm size, ii) productivity, iii) government assistance, iv) foreign investment (ownership), v) firm location (municipal or non-municipal area), vi) research and development, vii) firm age, and viii) workforce skill levels were found to be significantly and positively correlated with the export participation of Thai manufacturing SMEs. Beyond a certain threshold firm size, SME export decisions were found to have a significant and positive non-linear correlation. A significant and negative non-linear relationship between a firm's age and its export decision, however, was found in the aggregate. Twenty-three sub-manufacturing sectors, classified into eight sub-manufacturing SME groups, were also investigated. Empirically evidence-based policies were also suggested to facilitate improvement the international competitiveness of Thai manufacturing SMEs in export markets. |
