Damijan, Jože P. (contributor); Kostevc, Črt (contributor) - 2009
+βl
it
+γInov
it
+ηX
it
+κ
1
X
it
EU
+κ
2
X
it
YU
+ηF
it
+δT +σS +ε
it
where small letters indicate logarithmic rates of …. Inov is a dummy
variable [0, 1] indicating whether a firm is innovative in year t or not. Variables EX, X
EU
(X
YU …
)
denote exporter status dummy, share of exports to the EU (former Yugoslav) countries in
firm’s total exports. Share of …