Năng suất của doanh nghiệp vừa và nhỏ Việt Nam: Vai trò của hoạt động xuất khẩu
DOI:
https://doi.org/10.24311/jabes/2016.27.11.850Keywords:
Export, Total factor productivity, Small- and medium-sized enterprises, Learning by exporting, Export destinationAbstract
By using two-step system GMM method, the study tests the learning mechanism by exporting hypothesis of small and medium-sized enterprises (SMEs) in Vietnam from 2005 to 2013. The results show that export has a positive impact on total factor productivity at firm level. Moreover, the study finds reasons for an appearance of learning mechanism by exporting: (i) exporting firms receive technological transfers from developed countries; and (ii) exporting firms have enough capabilities to absorb knowledge generated by exporting.
References
Acemoglu, D., Johnson, S., & Robinson, J. A. (2005). Institutions as a fundamental cause of long-run growth. Handbook of Economic Growth, 1, 385-472.
Arellano, M., & Bond, S. (1991). Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. The Review of Economic Studies, 58(2), 277-297.
Audretsch, D. B., Keilbach, M. C., & Lehmann, E. E. (2006). Entrepreneurship and economic growth. London: Oxford University Press.
Augier, P., Dovis, M., & Gasiorek, M. (2012). The business environment and Moroccan firm productivity. Economics of Transition, 20(2), 369-399.
Aw, B. Y., Chen, X., & Roberts, M. J. (2001). Firm-level evidence on productivity differentials and turnover in Taiwanese manufacturing. Journal of Development Economics, 66(1), 51-86.
Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99-120.
Bernard, A. B., & Jensen, J. B. (1999). Exceptional exporter performance: Cause, effect, or both? Journal of International Economics, 47(1), 1-25.
Bernard, A. B., & Wagner, J. (1997). Exports and success in German manufacturing. Weltwirtschaftliches Archiv, 133(1), 134-157.
Bernard, A. B., Eaton, J., Jensen, J. B., & Kortum, S. (2003). Plants and productivity in international trade. The American Economic Review, 93(4), 1268-1290.
Blalock, G., & Gertler, P. J. (2004). Learning from exporting revisited in a less developed setting. Journal of Development Economics, 75(2), 397-416.
Boermans, M. A. (2010). Learning-by-exporting and destination effects: Evidence from African SMEs. Applied Econometric and International Development, 13(2), 155-173.
Clerides, S. K., Lach, S., & Tybout, J. R. (1998). Is learning by exporting important? Micro-dynamic evidence from Colombia, Mexico, and Morocco. The Quarterly Journal of Economics, 113(3), 903-947.
Cohen, W. M., & Levinthal, D. A. (1990). Absorptive capacity: A new perspective on learning and innovation. Administrative Science Quarterly, 35(1), 128-152.
Cull, R., & Xu, L. C. (2005). Institutions, ownership, and finance: the determinants of profit reinvestment among Chinese firms. Journal of Financial Economics, 77(1), 117-146.
De Loecker, J. (2007). Do exports generate higher productivity? Evidence from Slovenia. Journal of International Economics, 73, 69-98.
Eaton, J., Eslava, M., Kugler. M. & Tybout, J. R. (2008). Export dynamics in Colombia: Firm-level evidence. In E. Helpman, D. Marin, & T. Verdier (Eds.). The Organization of firms in a global economy. Cambridge: Harvard University Press.
Granér, M., & Isaksson, A. (2009). Firm efficiency and the destination of exports: Evidence from Kenyan plant‐level data. The Developing Economies, 47(3), 279-306.
Grossman, G. & Helpman, E. (1991). Innovation and Growth in the Global Economy. Cambridge: The MIT Press.
Girma, S., Greenaway, A., & Kneller, R. (2004). Does exporting increase productivity? A microeconometric analysis of matched firms. Review of International Economics, 12(5), 855-866.
Hansen, L. P. (1982). Large sample properties of generalized method of moments estimators. Econometrica, 50(4), 1029-1054.
Harris, R., & Moffat, J. (2011). Plant-level determinants of total factor productivity in Great Britain, 1997-2008. Journal of Productivity Analysis, 44(1), 1-20.
Kimura, F., & Kiyota, K. (2006). Exports, FDI, and productivity: Dynamic evidence from Japanese firms. Review of World Economics, 142(4), 695-719.
Levinsohn, J., & Petrin, A. (2003). Estimating production functions using inputs to control for unobservables. The Review of Economic Studies, 70(2), 317-341.
Melitz, M. J. (2003). The impact of trade on intra‐industry reallocations and aggregate industry productivity. Econometrica, 71(6), 1695-1725.
Nickell, S. J. (1996). Competition and corporate performance. Journal of Political Economy, 104(4), 724-746.
North, D. C. (1991). Institutions, ideology, and economic performance. Cato Journal, 11(3), 477-496.
Olley, G. S., & Pakes, A. (1996). The dynamics of productivity in the telecommunications equipment industry. Econometrica, 64(6), 1263-1297.
Phạm Thị Thu Trà. (2015). Does Exporting Spur Firm Productivity?: Evidence from Vietnam. Journal of Southeast Asian Economies (JSEAE), 32(1), 84-105.
Porter, M. E. (1991). Towards a dynamic theory of strategy. Strategic Management Journal, 12(S2), 95-117
Roberts, M. J., & Tybout, J. R. (1997). The decision to export in Colombia: An empirical model of entry with sunk costs. The American Economic Review, 87(4), 545-564.
Rodrik, D. (1988). Imperfect competition, scale economies, and trade policy in developing countries. In R. E. Baldwin (ed.). Trade policy issues and empirical analysis (pp. 109-144). Chicago: University of Chicago Press.
Schumpeter, J. A. (1947). The creative response in economic history. The Journal of Economic History, 7(2), 149-159.
Solow, R. M. (1956). A contribution to the theory of economic growth. The Quarterly Journal of Economics, 70(1), 65-94.
Van Beveren, I. (2012). Total factor productivity estimation: A practical review. Journal of Economic Surveys, 26(1), 98-128.
Van Biesebroeck, J. (2005). Exporting raises productivity in sub-Saharan African Manufacturing Firms. Journal of International Economics, 67(2), 373-391
Vu, V. H. (2012). Higher productivity in Exporters: Self-selection, learning by exporting or both? Evidence from Vietnamese manufacturing SMEs. MPRA Paper, No. 40708, 18-33.
Wagner, J. (2002). The causal effects of exports on firm size and labor productivity: First evidence from a matching approach. Economics Letters, 77(2), 287-292.
Wernerfelt, B. (1984). A resource‐based view of the firm. Strategic management journal, 5(2), 171-180.
Downloads
Published
Issue
Section
License
Copyright (c) 2016 JOURNAL OF ASIAN BUSINESS AND ECONOMIC STUDIES

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.



