With the introduction of information and communication technology, a brisker pace in market integration and the adoption of a fixed exchange rate, some changes seem to have occurred in the determinants of Italian industrial districts firms' competitive advantages. In this paper we use the overall degree of foreign market penetration as a performance variable and estimate which are its determinants in two different periods, 1997 and 2000, using a sample of 707 manufacturing firms located in industrial districts. The results of our ordered probit analyses suggest that indeed some “traditional” determinants are losing their relative weight, while new ones are gaining the scene.
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Paper provided by ISAE - Institute for Studies and Economic Analyses - (Rome, ITALY) in its series ISAE Working Papers with number
48.
Find related papers by JEL classification: F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business R11 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Analysis of Growth, Development, and Changes C25 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Discrete Regression and Qualitative Choice Models
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