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Ownership structure and firm export performance: evidence from Slovenian microdata
Empirica ( IF 1.9 ) Pub Date : 2021-05-07 , DOI: 10.1007/s10663-021-09511-y
Črt Kostevc

This paper combines two very distinct strands of literature, firm-level trade analysis and studies on the impact of ownership structure. I explore the correlation between firm ownership structure and its engagement in external trade using data for the population of Slovene enterprises between 2005 and 2012. The estimates indicate that concentrated firm ownership is more conducive to firms being exporters. Even after controlling for firm type, age, ownership type and ownership stability in addition to the full set of covariates accounting for exporting status, firms with a smaller number of owners and more concentrated ownership are found more likely to be exporters. Results prove to be robust to changes in definitions and econometric approach. These findings fully support the inclusion of ownership structure variables in firm-level trade analysis as one of the core determinants of exporting success. 



中文翻译:

所有权结构和企业出口绩效:斯洛文尼亚微观数据的证据

本文结合了两个截然不同的文献资料,即企业层面的贸易分析和所有权结构影响的研究。我使用斯洛文尼亚企业在2005年至2012年之间的数据,探索了企业所有权结构与其参与对外贸易之间的相关性。估计表明,集中的企业所有权更有利于企业成为出口商。即使在控制了企业类型,年龄,所有权类型和所有权稳定性之后,除了对出口状况作一整套协变量计算之外,拥有较少所有者和更集中所有权的企业也更有可能成为出口商。结果证明对定义和计量经济学方法的改变是可靠的。 

更新日期:2021-05-07
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