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Determinants of export behavior in the Greek manufacturing sector

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Abstract

This paper examines the determinants of export performance of firms in the Greek manufacturing industry, using cross-sectional data from 1652 firms in 1999 and a Tobit regression model. The study finds that firms that have larger size, lower unit labor cost and low capital to labor ratio have a higher propensity to export, confirming the fact that in Greece, which has the second lowest capital to labor ratio among the EU-15 members, export activities are concentrated among firms with low capital intensity, exactly as the theory of competitive advantage would predict.

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Papadogonas, T., Voulgaris, F. & Agiomirgianakis, G. Determinants of export behavior in the Greek manufacturing sector. Oper Res Int J 7, 121–135 (2007). https://doi.org/10.1007/BF02941189

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