Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/256813 
Year of Publication: 
2021
Series/Report no.: 
NBB Working Paper No. 402
Publisher: 
National Bank of Belgium, Brussels
Abstract: 
While an extensive strategy literature seeks to explain differences in firm performance, little is known about how much firm, industry and host-regions matter in explaining heterogeneity in export behaviors. The international entrepreneurship literature has highlighted that firm-, industry- and hostregion- level factors shape export behaviors, yet more research is needed about their relative contribution. We decompose the variance of export behaviors of 4,982 Belgian SMEs during 2006-2014. Results indicate that firm effects account for the largest part in the variation of export behaviors, followed by industry and host-region effects. However, host-region effects matter more for INVs whereas firm effects matter more for established exporters. There are no substantial differences in industry effects among either sample of firms. Our study contributes to the literatures on variance decomposition and international entrepreneurship.
Subjects: 
new ventures
host-region effects
firm effects
export
variance decomposition
Document Type: 
Working Paper

Files in This Item:
File
Size
927.5 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.