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Exportações e processos inovativos: um estudo para América Latina e Europa do Leste [Exports and innovative process: a study for Latin America and Eastern Europe]

Marcelo José Braga Nonnenberg and Ana Paula Macedo de Avellar
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Marcelo José Braga Nonnenberg: PUC-Rio
Ana Paula Macedo de Avellar: UFU

Nova Economia, 2017, vol. 27, issue 3, 577-607

Abstract: The purpose of this paper is to supply evidence favoring the hypothesis that innovation contributes positively to export performance when we control for endogeneity and selection bias by means of instrumental variables and Heckman selection model, for a sample of firms for Latin America and Eastern Europe. Evidence support the existence of a behavior pattern among firms in both regions. Size, age and foreign capital share have a positive influence on export decision. There is also a positive relationship between innovation and the likelihood of firms becoming exporters. Based on Heckman procedure, we also find evidence that innovative firms are more likely to become exporters but once they become exporters, the export intensity (relative to sales) affect negatively the result, only to Latin America countries.

Keywords: exports; innovation; Latin America; East Europe; selection bias (search for similar items in EconPapers)
JEL-codes: F14 O30 O31 (search for similar items in EconPapers)
Date: 2017
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Handle: RePEc:nov:artigo:v:27:y:2017:i:3:p:577-607