Determinants of Export Performance of Russian Firms

In modern globalized world of the 21st century, international trade theories, designed to provide a better explanation of the growing and diversified world trade, have undergone significant changes in recent years. Theoretical discussions in the field of international trade are increasingly emphasizing the importance of decisions at the company level in determining the causes and effects of general trade. Despite the fact that special attention is paid to firms from developed countries, some research has begun to focus on firms operating in emerging markets and knowledge in this area remains rather limited. In particular, previous theoretical justifications applicable to exporters from developed countries may not be suitable for studying the strategies and behavior of firms from developing countries. Export is a complex activity consisting of several levels of solutions (where, what, and how much), which are regulated by various determinants.