Determinants of export performance of Ukrainian firms
Following the new strand in the new trade theory literature that focuses on firm heterogeneity, in this paper we investigate the determinants of a firm’s export performance in Ukraine. The study is based on the BEEPS firm level data compiled by EBRD and the World Bank. The study covers the period starting in 2005 and ending in 2013. We estimate the probit regressions for each year of our sample as well as for the pooled dataset that includes all years. Our pooled estimation results indicate that the probability of exporting is related to the level of productivity, the firm size, innovation, the share of university graduates in productive employment, as well as the internationalization of firms.
Cieślik, A., Michałek, J. & Michałek, A. (2013). Export activity in Visegrad-4 countries: Firm-level investigation. Ekonomia, 30.
Cieślik, A., Michałek, J. & Michałek, A. (2012). Determinanty działalności eksportowej polskich przedsiębiorstw. Gospodarka narodowa, 7-8.
Earle, J. & Gehlbach, S. (2014). The Productivity Consequences of Political Turnover: Firm-Level Evidence from Ukraine’s Orange Revolution. IZA Discussion Paper No. 8510. September 2014. Retrieved from ftp.iza.org/dp8510.pdf.
European Bank for Reconstruction and Development EBRD (2010). Transition Report 2010. Recovery and Reform.
European Firms in a Global Economy: EFIGE (2010). The Global Operations of European Firms. The second EFIGE Policy Report, Bruegel.
Helpman, E, Melitz, M. & Yeaple, S. (2004). Export versus FDI with Heterogeneous Firms. American Economic Review, 94(1). http://dx.doi.org/10.1257 /000282804322970814.
Kostenko, T. (2014). Assessment of the impact of innovations on labour productivity in domestic enterprises. Advanced Science Journal, 4 doi: 10.15550/asj.2014.04.024.
Krugman, P. (1979). Increasing returns, monopolistic competition, and international trade. Journal of International Economics, 9(4). http://dx.doi.org/10.1016/ 0022-1996(79)90017-5.
Krugman, P. (1980). Scale Economies, Product Differentiation, and the Pattern of Trade. American Economic Review, 70(5).
Melitz, M. (2003). The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity. Econometrica, 71(6). http://dx.doi.org/10.1111/1 468-0262.0046.
Movchan V., Guicci R. & Kutsenko K. (2010). Trade policy of Ukraine: Strategic Aspects and Steps to Be Taken. Policy Paper PP/02/2010. Kyiv-Berlin. April 2010. Retrieved from http://www.ier.com.ua/en/projects/?pid=2182.
Pivovarsky A. (2003). Ownership concentration and performance in Ukraine’s enterprises. IMF Staff Papers, 50 (1).
Nasadiuk I. (2012). Political economy of modern integration choice of Ukraine. Bulletin of Lviv Commercial Academy, 41.
Shepotilo O. (2009). EU Integration and Trade: a Look from the Outside of the EU Eastern Border. Kyiv School of Economics and Kyiv Economics Institute. August 2009. Retrieved from www.kse.org.ua/download.php?downloadid=245.
Yemelyanova L. (2014). Institutional reforms in the process of forming the share capital in CEE countries in terms of European integration. Lviv Ivan Franko National University. – Manuscript.
Wagner, J. (2007). Exports and Productivity: A Survey of the Evidence from Firm-Level Data. World Economy, 30(1). http://dx.doi.org/10.1111/j.1467-9701.2007.00872.x.
Wagner, J. (2012). International Trade and Firm Performance: A Survey of Empirical Studies since 2006. Review of World Economy, 148. http://dx.doi.org/10.1007/s10290-011-0116-8.
World Bank (2010). Business Environment and Enterprise Performance Survey (BEEPS) 2008-2009. A Report on Methodology and Observations, April.
WTO (2008). World Trade Report 2008. Trade in a Globalizing World. World trade Organization.