چکیده:
International trade causes that markets to become more competitive and small-medium sized enterprises (SMEs) learn to compete effectively within this increasingly competitive global market place. SMEs are able to take advantage of increased opportunities in domestic markets that follow from international trade. It is indeed a way for internationalization of SMEs. This paper analyzes income and price elasticities of the export model which has been specified for export market of SMEs’ in the selected Asian countries. The estimated elasticities revealed the responsiveness of exporting goods supplied by the SMEs in these countries with respect to changes in different incomes and relative export price. Accordingly, we estimate an export regression model (including demand and supply equations) based on the cross-sectional observations of the selected Asian countries including China, Singapore, Thailand, Malaysia, Indonesia, India, the Philippines, Vietnam and Pakistan over the period 1990-2008. We have found that price and income elasticities are statistically significant and have the expected signs. The implication of our findings is that price and income are appropriate determinants for international trade expanded by Asian SMEs.
خلاصه ماشینی:
"Internationalization of SMEs and Their Income-Price Effects on Export Market: a Case of the Selected Asian Countries Zahra Zamani 1 Department of Economics, University of Isfahan, Iran Seyed Komail Tayebi Department of Economics, University of Isfahan, Iran Nafiseh Yazdani Department of Economics, University of Isfahan, Iran Abstract International trade causes that markets to become more competitive and small-medium sized enterprises (SMEs) learn to compete effectively within this increasingly competitive global market place.
While they historically have not been associated with international business, based on an empirical study of trends in 18 industrialized countries, the Organization for Economic Cooperation and Development (OECD) notes that SMEs now account for about a quarter of exports in most industrialized nations (OECD, 1997) Internationally-active SMEs are emerging in notably large numbers throughout the world, and they tend to be more dynamic and grow faster than strictly domestic firms (Knight, 2001).
Table 2: Panel estimation results for the SMEs’ Export Demand of the selected Asian countries, based on cross-sectional time-series Random effect regression Variable Coefficient z- Statistic P>|Z| LYS 0.
Table 3: Panel estimation results for the SMEs’ Export Supply of the selected Asian countries, based on cross-sectional time-series Random effect regression Variable Coefficient z- Statistic P>|Z| LPX 2.
Conclusion In this study, to show the significance of price and income in the SMEs export market, we specified and estimated regression models using cross-sectional data of 9 selected Asian countries, based on the panel data approach."