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Firms' International Status and Heterogeneity in Performance: Evidence from Italy

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Author Info
Lorenzo Casaburi () (University of Bologna)
Valeria Gattai () (University of Bologna and Harvard University)
G. Alfredo Minerva () (University "L. Bocconi", Milano)

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Abstract

We 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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File URL: http://www.rivistapoliticaeconomica.it/2007/mag_giu/casaburi_gattai_minerva.php
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Publisher Info
Article provided by SIPI Spa in its journal Rivista di Politica Economica.

Volume (Year): 97 (2007)
Issue (Month): 3 (May-June)
Pages: 151-188
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Handle: RePEc:rpo:ripoec:v:97:y:2007:i:3:p:151-188

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Find related papers by JEL classification:
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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