Evidence from Firm-level Data in Vietnam

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(2) Table of estimation results with coeffici ents of dumm ies includedTable A.2: PROBABILITY MODEL OF EXPORTING(Dependentvariable: Exporter)Independen t Variables (1) (2) (3) (4) (5) (6)Exporter t-13.2613 1.9915 3.2339 1.8659(0.1377) (0.2362) (0.1348) (0.2491) n(TFP a t-1)L -0.1313 -0.1189 0.1071( 0.0678) * ( 0.1189) (0.1226)Ln(Labor Productivity a t-1)-0.1801(0.0748) -0.6498(0. 1660) *** -0.1800( 0.1317)Ln(Capital a t-1)0.1235(0. 0417) *** 0.3810(0.0855) 0.7995(0.0863) 0.1401(0.0413) 0.7936(0.1663) 0.8485(0.0862) ge a t-1A 0.0840 -0.0624 0.4016 0.0657 0.3684 0.4294( 0.0957) ( 0.1661) (0.1973) ( 0.0954) ( 0.1983) * (0.1972) Age Squared a t-1-0.0629( 0.0427)-0.0128( 0.0781)-0.1963( 0.1016) * -0.0577(0.0427)-0.2265(0.0981) -0.2095(0.1025) Capital Intensity a t-1-0.1171(0.0514) -0.3083(0.0956) -0.7567(0.1171) -0.0929(0.0413) -0.3569(0.0807) -0.7565(0.1173) Wage a t-1 0.0459 0.1177 0.1433 0.0658 0.3158 0.2046(0.0593) ( 0.1017) (0.0868) (0.0658) (0. 1255) ** (0. 0985) **Foreign 0.2375 1.7035 2.3851 0.2785 2.3878 2.6000(0.2174) (0.4338) *** (0.4264) *** (0.2148) (0.5614) *** (0.4196) ***Industry 1 0.1415(0.2505)1.3817(0.4562) *** 1.8770(0.4684) *** 0.1547(0.2498)1.4603(0.5004) *** 1.8099(0.4657) ***Industry 2 0.5686 2.3144 2.8170 0.5655 3.0934 2.7327(0.2955) * (0.5604) *** (0.5882) *** (0.2955) * (0.7182) *** (0.5893) ***Industry 3 0.5802 3.0011 4.1246 0.6043 3.4353 4.1280(0.3298) * (0.6697) *** (0.6095) *** (0.3272) * (0.7857) *** (0.6068) ***Industry 4 0.4209 2.4296 4.2674 0.4514 3.2677 4.2477(0.4663) (0.7490) *** (0.9977) *** (0.4562) (0.8853) *** (1.0027) ***Industry 5 0.3397 1.2613 1.7664 0.3460 2.3900 1.6701(0.2598) (0.4160) *** (0.4905) *** (0.2605) (0.6241) *** (0.4891) ***Industry 6 -0.0981 -0.5406 -1.2450 -0.1255 -1.8013 -1.3340(0.3240) (0.5074) (0.6623) * (0.3256) (0.7295) ** (0.6654) **Industry 7 -0.9088 -1.5743 -1.2559 -0.8718 -1.9250 -1.3524(0.3389) *** (0.4936) *** (0.6215) ** (0.3356) *** (0.5882) *** (0.6203) **Industry 8 0.0784 0.2188 -0.1247 0.0705 -0.0254 -0.1823(0.2979) (0.4571) (0.5774) (0.2989) (0.4849) (0.5767)Industry 9 -0.2493 -0.8929 -1.2056 -0.2420 -1.3014 -1.2899(0.2944) (0.6182) (0.5727) ** (0.2940) (0.6476) ** (0.5683) **Industry 10 -0.2590 0.0267 -0.6462 -0.2513 0.0855 -0.738928
(0.3254) (0.4484) (0.6159) (0.3229) (0.4925) (0.6150)Industry 11 0.0025 -0.7624 0.5754(0.4814) (0.7946) (0.9752)Industry 12 -0.2493 -0.5279 0.5428 -0.2348 -0.4110 0.5173(0.3224) (0.4966) (0.5677) (0.3185) (0.6251) (0.5656)Year 2004 0.4516 0.4966 -0.1624 0.4619 0.5692 -0.1555(0.1265) *** (0.1731) *** (0.1440) (0.1258) *** (0.1851) *** (0.1431)Region 1 -0.0072 -0.0973 -0.3651 0.0144 -0.1068 -0.19520.2309 0.3683 0.4296 0.2290 0.4053 0.4235Region 2 -0.0690 -0.3944 -0.0663 -0.0857 -0.7134 0.01710.2718 0.4519 0.4940 0.2707 0.5347 0.4894Region 3 -0.0008 0.0717 0.6811 0.0069 0.7226 0.7880(0.2308) (0.3623) (0.4217) (0.2287) (0.4317) * (0.4170) *Region 4 0.0055 -0.4092 -0.2427 0.0267 -0.1753 -0.0682(0.2778) (0.4510) (0.5305) (0.2769) (0.4877) (0.5234)Constants -1.9556 -2.0403 -0.6115 -2.0015 -2.5153 -0.8243(0.2980) *** (0.4560) *** (0.5163) (0.2969) *** (0.5710) *** (0.5249)Observations 1601 3051 1526 1635 3051 1558Log likelihood -261.93 -551.69 -484.48 -267.33 -567.84 -491.70Chi2 1536.15 271.16 253.30 1570.81 203.94 261.76Not e:*** , ** , and * indicate significance at 1% , 5%, and 10% levels, respectively; Standard errors inparentheses; (1) and (4): Probit in pooled data; (2) and (5): Heckman’s random-effects dynamicprobit; (3) and (6): Random-effects probit in the sample of non-status-switchers; Number ofobservations in (2) and (5) includes those with missing data due to lagging of dependent variable;Superscript( a ) indicates a level relative to industry mean29
Page 1 and 2: ENTRY COSTS AND HETEROGENEOUS CHARA
Page 3 and 4: certainly different among firms. Th
Page 5 and 6: towards more productive firms. Firm
Page 7 and 8: In the framework of multiple period
Page 9 and 10: expenses and assets.Table 1: SAMPLE
Page 11 and 12: variable when there is the phenomen
Page 13 and 14: are vectors of parameters; andvitis
Page 15 and 16: that determines export status and p
Page 17 and 18: combine Rubbe r and Plastic Product
Page 19 and 20: on the analysis of the direction of
Page 21 and 22: Besides TFP, we also use labor prod
Page 23 and 24: an important factor that guides fir
Page 25 and 26: APPENDIX(1) Estimation of total fac
Page 27: Table A.1:COEFFICIENTS OF PRODUCTIO
Page 31 and 32: Falvey, R., D. Greenaway and Z. Yu,

Evidence from Firm-level Data in Vietnam

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