On the direct and indirect effects of ICT on SMEs export performance. Evidence from Colombian manufacturing
Andrés Mauricio Gomez-Sanchez,
Juan A. Mañez and
Juan Alberto Sanchis-Llopis
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Andrés Mauricio Gomez-Sanchez: Universidad del Cauca, Colombia.
Juan Alberto Sanchis-Llopis: Universidad de Valencia and ERICES, Valencia, España.
No 2304, Working Papers from Department of Applied Economics II, Universidad de Valencia
The objective of this document is to explore the effect of ICT on the performance of Colombian manufacturing SMEs in export markets. To our knowledge, this is the first piece of evidence that explores this issue for an emerging economy. In doing so, we include some cutting-edge novelties such as persistence in export intensity; cross effect from imports to exports, and the role of initial conditions problem. We replicate the Tobit II-Heckman model procedure by using a dynamic Generalized Linear Model (GLM) because the export intensity is a proportion and include the inverse Mills ratio to deal with the selection problem. We merge three databases namely The Annual Manufacturing Survey (EAM); the Innovation and Technological Development Survey (EDIT) and the Annual ICT Manufacturing Survey (EAM-TIC); published by the National Administrative Department of Statistics (DANE) in six waves since 2013 to 2018. In general, our main results suggest that the impacts of information technologies on export intensity are always positive, regardless of the ICT analysed. Other results show persistence in exports, cross effects and self-selection in export markets, among others.
Keywords: ICT; Exports; Sunk costs; Cross effects; Empirical Studies of Trade; Emerging economies; Empirical Analysis (search for similar items in EconPapers)
JEL-codes: C23 D22 D24 F14 L16 L96 O33 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cse, nep-dev, nep-eff, nep-ict, nep-int, nep-sbm and nep-tid
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