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Factors affecting the export participation and performance of Thai manufacturing small and medium sized Enterprises (SMEs)

Conference Paper


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Abstract


  • This paper employed the 2007 Thai Industrial Census to empirically examine the

    effects of firm-specific and industry factors on a firm’s decision to export and the export

    performance of 65,111 Thai manufacturing SMEs which are classified into eight submanufacturing

    groups. Six econometric models are indentified to capture linear and nonlinear

    effects of firm-specific factors as well as to analyze each industry effect for Thai

    manufacturing SMEs. Four limited dependent variable models (i.e., the probit model, the

    logit model, the linear probability model, and the Tobit model) are used to study the factors

    affecting a firm’s export decision and its export performance. Estimation techniques were

    used to check the statistical confidence of the results for this study. With regards to firmspecific

    factors which exert an influence on a firm’s decision to export and its export

    performance, firm size, firm age, and labour productivity, government assistance, foreign

    investment (ownership), municipal location, research and development, and skilled labour

    were found to be significantly and positively related to a firm’s export participation and its

    export performance. Significant and negative non-linear results were also found for firm size,

    firm age, and labour productivity in this study. Focusing on the effects of industry sectors on

    a firm’s decision to export and its export performance, producer concentration was found to

    have a significant and positive effect on a firm’s export decision and its export performance

    but a significant and negative result was found for the capital - labour ratio. Finally,

    evidence-based policies are provided to facilitate improvement in the international

    competitiveness of Thai manufacturing SMEs and in their export performance.

UOW Authors


  •   Amornkitvikai, Yot (external author)
  •   Harvie, Charles
  •   Charoenrat, Teerawat (external author)

Publication Date


  • 2012

Citation


  • Amornkitvikai, Y., Harvie, C. & Charoenrat, T. (2012). Factors affecting the export participation and performance of Thai manufacturing small and medium sized Enterprises (SMEs). 57th International Council for Small Business World Conference (pp. 1-35). Wellington, New Zealand: International Council for Small Business World.

Ro Full-text Url


  • http://ro.uow.edu.au/cgi/viewcontent.cgi?article=2090&context=commpapers

Ro Metadata Url


  • http://ro.uow.edu.au/commpapers/1041

Start Page


  • 1

End Page


  • 35

Place Of Publication


  • Wellington, New Zealand

Abstract


  • This paper employed the 2007 Thai Industrial Census to empirically examine the

    effects of firm-specific and industry factors on a firm’s decision to export and the export

    performance of 65,111 Thai manufacturing SMEs which are classified into eight submanufacturing

    groups. Six econometric models are indentified to capture linear and nonlinear

    effects of firm-specific factors as well as to analyze each industry effect for Thai

    manufacturing SMEs. Four limited dependent variable models (i.e., the probit model, the

    logit model, the linear probability model, and the Tobit model) are used to study the factors

    affecting a firm’s export decision and its export performance. Estimation techniques were

    used to check the statistical confidence of the results for this study. With regards to firmspecific

    factors which exert an influence on a firm’s decision to export and its export

    performance, firm size, firm age, and labour productivity, government assistance, foreign

    investment (ownership), municipal location, research and development, and skilled labour

    were found to be significantly and positively related to a firm’s export participation and its

    export performance. Significant and negative non-linear results were also found for firm size,

    firm age, and labour productivity in this study. Focusing on the effects of industry sectors on

    a firm’s decision to export and its export performance, producer concentration was found to

    have a significant and positive effect on a firm’s export decision and its export performance

    but a significant and negative result was found for the capital - labour ratio. Finally,

    evidence-based policies are provided to facilitate improvement in the international

    competitiveness of Thai manufacturing SMEs and in their export performance.

UOW Authors


  •   Amornkitvikai, Yot (external author)
  •   Harvie, Charles
  •   Charoenrat, Teerawat (external author)

Publication Date


  • 2012

Citation


  • Amornkitvikai, Y., Harvie, C. & Charoenrat, T. (2012). Factors affecting the export participation and performance of Thai manufacturing small and medium sized Enterprises (SMEs). 57th International Council for Small Business World Conference (pp. 1-35). Wellington, New Zealand: International Council for Small Business World.

Ro Full-text Url


  • http://ro.uow.edu.au/cgi/viewcontent.cgi?article=2090&context=commpapers

Ro Metadata Url


  • http://ro.uow.edu.au/commpapers/1041

Start Page


  • 1

End Page


  • 35

Place Of Publication


  • Wellington, New Zealand