Innovation, exports and technical efficiency in Spain

M.Angeles Diaz-Mayans and Sánchez, Rosario/R
Authors registered in the RePEc Author Service: Rosario Sánchez Pérez

MPRA Paper from University Library of Munich, Germany

Abstract: This paper analyses the relationship between exports, innovative activities and size and their effect over firms’ technical efficiency and then over their productivity. The analysis takes, also, into account other variables that could affect productivity as industrial sector, or firms’ financial conditions. We use a micro panel data set of Spanish manufacturing firms, during the period 2004–2009, to simultaneously estimate a stochastic frontier production function and the inefficiency determinants. The data source is published in the Spanish Industrial Survey on Business Strategies (Encuesta sobre Estrategias Empresariales, ESEE), collected by Fundación SEPI. Our results show that exporting firms are more efficient than non-exporting firms; and that small and medium-sized firms’ tent to be more efficient when they focus on international markets.

Keywords: exports; firms; technical efficiency; productivity; innovative activities; R&D expenditures (search for similar items in EconPapers)
JEL-codes: F14 L25 L60 (search for similar items in EconPapers)
Date: 2014-01-27
New Economics Papers: this item is included in nep-cse, nep-eff, nep-ent, nep-ino, nep-int and nep-sbm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Working Paper: Innovation, exports and technical efficiency in Spain (2014)
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