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The decision to export: a panel data analysis for Spanish manufacturing

Juan A. Mañez, Maria Engracia Rochina Barrachina and Juan A. Sanchis Llopis ()

Applied Economics Letters, 2004, vol. 11, issue 11, 669-673

Abstract: This paper aims to empirically analyse the determinants of the decision to export using a sample of Spanish manufacturing firms during the 1990s. The data are drawn from the Encuesta sobre Estrategias Empresariales. A panel data probit model is used that is estimated using maximum-likelihood techniques. The results show that regional and local spillovers and firm characteristics such as age, size, productivity, corporation, foreign ownership, R&D and advertising intensity, have a positive and significant influence on the probability of exporting. Furthermore, public sector oriented sales have a significant and negative impact.

Date: 2004
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Handle: RePEc:taf:apeclt:v:11:y:2004:i:11:p:669-673