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Determinants of Vietnamese footwear exporting firms’ market selection: A multinomial logistic analysis of panel data

The literature on export activities is dominated by studies on the determinants of export performance, we contribute to this literature by investigating the determinants of selection of markets by using panel data of Vietnam's footwear firms for the 2006–2010 period. Since no variance was found...

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Detalles Bibliográficos
Autores principales: Vuong, Quan-Hoang, Vu, Thi-Hanh, Doan, Quang-Hung, Ho, Manh-Tung
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier 2019
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6806389/
https://www.ncbi.nlm.nih.gov/pubmed/31692719
http://dx.doi.org/10.1016/j.heliyon.2019.e02582
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author Vuong, Quan-Hoang
Vu, Thi-Hanh
Doan, Quang-Hung
Ho, Manh-Tung
author_facet Vuong, Quan-Hoang
Vu, Thi-Hanh
Doan, Quang-Hung
Ho, Manh-Tung
author_sort Vuong, Quan-Hoang
collection PubMed
description The literature on export activities is dominated by studies on the determinants of export performance, we contribute to this literature by investigating the determinants of selection of markets by using panel data of Vietnam's footwear firms for the 2006–2010 period. Since no variance was found between firms, a pooled multinomial logit model is consequently preferable. Among the notable results, export value shows a positive correlation with footwear firms serving the US and EU markets. Although Vietnamese footwear firms are less likely to export to the ASEAN countries, they tend to focus on diversifying their products in this market. Both private and FDI firms are less likely to export to the EU compared with their state-owned counterparts (SOEs). However, private firms outperform SOEs in the U.S market.
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spelling pubmed-68063892019-11-05 Determinants of Vietnamese footwear exporting firms’ market selection: A multinomial logistic analysis of panel data Vuong, Quan-Hoang Vu, Thi-Hanh Doan, Quang-Hung Ho, Manh-Tung Heliyon Article The literature on export activities is dominated by studies on the determinants of export performance, we contribute to this literature by investigating the determinants of selection of markets by using panel data of Vietnam's footwear firms for the 2006–2010 period. Since no variance was found between firms, a pooled multinomial logit model is consequently preferable. Among the notable results, export value shows a positive correlation with footwear firms serving the US and EU markets. Although Vietnamese footwear firms are less likely to export to the ASEAN countries, they tend to focus on diversifying their products in this market. Both private and FDI firms are less likely to export to the EU compared with their state-owned counterparts (SOEs). However, private firms outperform SOEs in the U.S market. Elsevier 2019-10-18 /pmc/articles/PMC6806389/ /pubmed/31692719 http://dx.doi.org/10.1016/j.heliyon.2019.e02582 Text en © 2019 The Author(s) http://creativecommons.org/licenses/by/4.0/ This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/4.0/).
spellingShingle Article
Vuong, Quan-Hoang
Vu, Thi-Hanh
Doan, Quang-Hung
Ho, Manh-Tung
Determinants of Vietnamese footwear exporting firms’ market selection: A multinomial logistic analysis of panel data
title Determinants of Vietnamese footwear exporting firms’ market selection: A multinomial logistic analysis of panel data
title_full Determinants of Vietnamese footwear exporting firms’ market selection: A multinomial logistic analysis of panel data
title_fullStr Determinants of Vietnamese footwear exporting firms’ market selection: A multinomial logistic analysis of panel data
title_full_unstemmed Determinants of Vietnamese footwear exporting firms’ market selection: A multinomial logistic analysis of panel data
title_short Determinants of Vietnamese footwear exporting firms’ market selection: A multinomial logistic analysis of panel data
title_sort determinants of vietnamese footwear exporting firms’ market selection: a multinomial logistic analysis of panel data
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6806389/
https://www.ncbi.nlm.nih.gov/pubmed/31692719
http://dx.doi.org/10.1016/j.heliyon.2019.e02582
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