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Export Performance, Foreign Ownership, and Trade Policy Regime: Evidence from Thai Manufacturing

dc.contributor.authorJuthathip Jongwanich
dc.contributor.authorArchanun Kohpaiboon
dc.date.accessioned2015-01-24T13:13:59Z
dc.date.available2015-01-24T13:13:59Z
dc.date.issued2008-12-01
dc.identifier.issn1655-5252
dc.identifier.urihttp://hdl.handle.net/11540/1515
dc.description.abstractThis paper examines the determinants of a firm’s export decision and the role of multinational corporations (MNCs) in generating export spillovers to domestically owned firms based on cross-sectional econometric analysis of the manufacturing sector in Thailand. The role of market structure in determining firms’ export decisions is also emphasized in the study. The key finding is that MNCs tend to be more export-oriented than indigenous firms and the entry of the former stimulates the latter to become involved in the production of exports, i.e., the presence of MNCs export spillovers. However, the impact of MNCs on export activity/spillovers is not automatic, but depends on the trade policy regime. A restricted trade policy, especially tariff protection, could retard the process of MNCs enhancing export spillovers and overall export activity. Competition fostered by open trade policies tend to be required if a high level of MNC participation is to be translated into higher export activity/spillovers. In addition, the negative direct effect of high tariff rates on export activity/spillovers highlights the relative importance of trade policy neutrality on firms’ export decisions and export spillovers.
dc.publisherAsian Development Bank
dc.titleExport Performance, Foreign Ownership, and Trade Policy Regime: Evidence from Thai Manufacturing
dc.typeWorking Papers
dc.subject.expertFree Trade
dc.subject.expertTrade
dc.subject.expertTrade Agreements
dc.subject.expertRegional Economic Integration
dc.subject.adbExports
dc.subject.adbEconomic integration
dc.subject.adbExports
dc.subject.adbEconomic integration
dc.subject.adbDistribution
dc.subject.adbEconomic integration
dc.subject.adbDevelopment Bank
dc.subject.adbTrade policy
dc.subject.adbTrade policy
dc.subject.naturalEuro
dc.subject.naturalInflation
dc.subject.naturalBusiness
dc.subject.naturalFinance
dc.subject.naturalFree trade
dc.title.seriesADB economics working paper series
dc.title.volumeNo. 140
dc.contributor.imprintAsian Development Bank
oar.themeTrade
oar.themeRegional
oar.adminregionSoutheast Asia Region
oar.countryThailand
oar.identifierOAR-001389
oar.authorJongwanich, Juthathip
oar.authorKohpaiboon, Archanun
oar.importtrue
oar.googlescholar.linkpresenttrue


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