PL EN


2013 | 919 | 93-102
Article title

Badanie zależności między eksportem a rentownością przedsiębiorstw na przykładzie spółek produkcyjnych notowanych na GPW w Warszawie w latach 2003-2010

Authors
Title variants
EN
Testing the Relationship between Exports and Return on Equity for Polish Manufacturing Companies Listed on the Warsaw Stock Exchange in the Years 2003–2010
Languages of publication
PL
Abstracts
EN
The purpose of the study is to verify the hypothesis holding that the positive effects of exports improve the profitability of businesses. The positive impact of exports on return on equity is confirmed by both a dynamic panel data model and Granger causality test. Calculations were performed for 50 manufacturing companies listed on the Warsaw Stock Exchange. The dynamic panel data model was estimated using the Blundell-Bond estimation technique.
Contributors
  • Uniwersytet Ekonomiczny w Krakowie, Katedra Finansów Przedsiębiorstw, ul. Rakowicka 27, 31-510 Kraków, Poland
References
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  • Baltagi B. [2005], Econometric Analysis of Panel Data, Wiley, New York.
  • Bennett J. [2007], A World of Profits, Booming Business Overseas Is Driving Us Firms, „BARRON’S”, 14 May.
  • Blundell R.W., Bond S.R. [1998], Initial Conditions and Moment Restrictions in Dynamic Panel Data Models, „Journal of Econometrics”, vol. 87.
  • Dańska-Borsiak B. [2011], Dynamiczne modele panelowe w badaniach ekonomicznych, Wydawnictwo Uniwersytetu Łódzkiego, Łódź.
  • Janssen R. [1992], The Rewards of Exporting, „International Business”, vol. 5.
  • Neubelt P. [1990], Exporting Opportunities for Small and Mid-sized Companies, „The CPA Journal”, vol. 60, nr 2.
  • Richardson J.D., Rindal K. [1995], Why Exports Matter, The Institute for International Economics and The Manufacturing Institute, Waszyngton.
  • Richardson J.D., Rindal K. [1996], Why Exports Matter: More! The Institute for International Economics and The Manufacturing Institute, Waszyngton.
Document Type
Publication order reference
Identifiers
YADDA identifier
bwmeta1.element.desklight-d5201181-7885-4fd6-81e5-e54394b1e456
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