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Firms' internationalization and productivity growth

  • Merino, Fernando

From a theoretical perspective it is well stated that firms involved in international markets should exhibit higher productivity levels. There is also empirical evidence that supports this result. This paper extends this relationship to a dynamic perspective. It provides evidence on how productivity evolves in more internationalized firms distinguishing different degrees of international involvement both in qualitative as well as in quantitative terms. The results show that productivity evolves differently in those firms that are doing international business, although without differences between large exporters and multinationals.

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File URL: http://www.sciencedirect.com/science/article/pii/S109094431200035X
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Article provided by Elsevier in its journal Research in Economics.

Volume (Year): 66 (2012)
Issue (Month): 4 ()
Pages: 349-354

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Handle: RePEc:eee:reecon:v:66:y:2012:i:4:p:349-354
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/622941

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  1. The International Study Group on Exports and Productivity, 2007. "Exports and productivity: Comparable evidence for 14 countries," ZEW Discussion Papers 07-069, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
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  14. Barba Navaretti, Giorgio & Castellani, Davide, 2004. "Investments Abroad and Performance at Home: Evidence from Italian Multinationals," CEPR Discussion Papers 4284, C.E.P.R. Discussion Papers.
  15. Walter Briec & Kristiaan Kerstens & Nicolas Peypoch, 2012. "Exact Relations Between Four Definitions Of Productivity Indices And Indicators," Bulletin of Economic Research, Wiley Blackwell, vol. 64(2), pages 265-274, 04.
  16. Sourafel Girma & Richard Kneller & Mauro Pisu, 2005. "Exports versus FDI: An Empirical Test," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 141(2), pages 193-218, July.
  17. Fernando Merino, 2004. "Firms' productivity and internationalization: a statistical dominance test," Applied Economics Letters, Taylor & Francis Journals, vol. 11(13), pages 851-854.
  18. Kazunobu Hayakawa & Tomohiro Machikita & Fukunari Kimura, 2012. "Globalization And Productivity: A Survey Of Firm‐Level Analysis," Journal of Economic Surveys, Wiley Blackwell, vol. 26(2), pages 332-350, 04.
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  20. Delgado, Miguel A. & Farinas, Jose C. & Ruano, Sonia, 2002. "Firm productivity and export markets: a non-parametric approach," Journal of International Economics, Elsevier, vol. 57(2), pages 397-422, August.
  21. Diewert, Erwin & Fox, Kevin J., 2010. "Malmquist and Törnqvist Productivity Indexes: Returns to Scale and Technical Progress with Imperfect Competition," Economics working papers erwin_diewert-2010-5, Vancouver School of Economics, revised 13 Jul 2010.
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