Long-Term Export Performance of Export Manufacturing Firms from a Developing Economic Environment: The Case of Thailand

Abstract

Export performance literature still prevails with contradictory and inconclusive results. One serious shortcoming that might well be the cause of limitation in the literature is ignorance of choosing the appropriate time horizon in modeling of performance relationship. Little effort has been expended to specify the chronological relationship between long-term export performances and their determinants in the firm level. This article therefore developed a long-term export performance model to test the overlooked links. It found that in the long run export manufacturing firms from Thailand must achieve their noneconomic export performance goals prior to getting rewards by excellent economic export performance outcomes.

KEYWORDS:

• developing economic environment
• export manufacturing firm
• export performance
• long term
• Thailand

Acknowledgments

The authors would like to extend their cordial acknowledgment and appreciation to the Thailand Research Fund (TRF) and the Office of Higher Education Commission (HEC) of Thailand for their kind financial supports to this research project.

Notes

Note: t-test with 95% confidence (alpha of 0.05) and a statistical power of around 60%.