Firms' International Status and Heterogeneity in Performance: Evidence from Italy
AbstractWe revisit the evidence about firms' performance and their international status in a large sample of Italian enterprises. Three results stand out. First, firms engaging in foreign production of final goods, in addition to export activities, are more productivethan firms that only export abroad. Second, firms engaging in final goods off-shoring are more productive than firms engaging ininputs off-shoring. Third, the productivity dynamics of exporters is not any better than non-exporters’ one. Our results support that the better performance of globally engaged firms is chiefly due to the selection caused by the fixed costs associated to internationaloperations.
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Bibliographic InfoArticle provided by SIPI Spa in its journal Rivista di Politica Economica.
Volume (Year): 97 (2007)
Issue (Month): 3 (May-June)
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Other versions of this item:
- Alfredo Minerva & Lorenzo Casaburi & Valeria Gattai, 2008. "Firms’ International Status and Heterogeneity in Performance: Evidence From Italy," Working Papers 2008.3, Fondazione Eni Enrico Mattei.
- F10 - International Economics - - Trade - - - General
- F20 - International Economics - - International Factor Movements and International Business - - - General
- L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
- L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
- L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
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