Economic Affairs
  • Year: 2024
  • Volume: 69
  • Issue: 1

Gender of the firm owner and export determinants of the firms in India: An empirical analysis

  • Author:
  • Arun Purujit, Roopa Patavardhan*, A.V. Kshama
  • Total Page Count: 9
  • Published Online: Feb 18, 2025
  • Page Number: 453 to 461

Department of Economics, Christ University, Bengaluru, Bannerghatta Road Campus, Bannerghatta Main Road, Hulimavu, Bengaluru, Karnataka, India

*Corresponding author: patavardhan.kr@gmail.com (ORCID ID: 0000-0002-6050-7343)

Online published on 18 February, 2025.

Abstract

This study aims to analyse the factors that influence the export decision of firms in India. These factors are unorthodox to the macroeconomic variables, for example, specific firm characteristics and resource stock variables that an enterprise in India may or may not have command over. The most significant of the firm characteristic variables is the gender of the firm owner. Given the binary identity of the explained variable (Export Status of a Firm), the paper uses Binary Logistic Regression. It reports the odds ratio for the individual variable interpretation. The study has also examined descriptive findings and model fit using the Hosmer. The study ceases a statistically significant relationship between the gender of the firm owner and the export decision of a firm. The odds of the firm being an exporter increases when the firm owner is a female. Further, the study also interprets several firm characteristics and resource stock variables that had an impact on the export decision of a firm in India.

⓿ The research paper examines the relationship between gender ownership of firms and export propensity in Indian micro, small, and medium enterprises (MSMEs).

⓿ It analyzes various firm characteristics and external factors to understand their impact on export decisions.

⓿ Findings indicate that female-owned firms are more likely to export, highlighting the positive contributionof women’s entrepreneurship to India’s economy.

⓿ The paper highlights the importance of nurturing Indianfemale firm owners in the international business ecosystem.

Keywords

Binary Logistic Regression, Exports, Gender, Firm Characteristics, Resource Stock, Policies