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I grandi esportatori in Italia: caratteristiche, strategie e performance


  • Matteo Bugamelli
  • Massimo Gallo


The paper examines the traits, strategies and performances of leading Italian export firms before and during the financial crisis of 2008-2009. The sample analysed is based on Italian export firms that reported foreign sales of at least Euro fifteen million in 2007. The companies feature higher-than-average levels of productivity and foreign direct investment and, in the pre-crisis years, strengthened their presence in the international markets, invested more in their brands and customer assistance, and increased the resources allocated to R&D and innovation. In terms of sales, the companies analysed suffered more than most during the worst phase of the crisis (September 2008 to spring 2009), indicating their higher exposure to international trade and its subsequent collapse. Nevertheless, the export firms surveyed managed to keep employment levels stable and made less use of special redundancy schemes (CIGS). Moreover, the export firms implemented effective measures to reduce production costs, re-internalize some production process phases and reinforce the internationalization process.

Suggested Citation

  • Matteo Bugamelli & Massimo Gallo, 2012. "I grandi esportatori in Italia: caratteristiche, strategie e performance," ECONOMIA E POLITICA INDUSTRIALE, FrancoAngeli Editore, vol. 2012(1), pages 119-137.
  • Handle: RePEc:fan:polipo:v:html10.3280/poli2012-001005

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    Cited by:

    1. Pietro de Matteis & Filomena Pietrovito & Alberto Franco Pozzolo, 2016. "Determinants of exports: firm heterogeneity and local context," Questioni di Economia e Finanza (Occasional Papers) 352, Bank of Italy, Economic Research and International Relations Area.
    2. Massimo Gallo & Lorenzo Valmasoni, 2014. "Skill upgrading e grande recessione: evidenze dai dati dei centri per l’impiego del veneto," RIVISTA DI ECONOMIA E STATISTICA DEL TERRITORIO, FrancoAngeli Editore, vol. 2014(1), pages 25-59.
    3. Riccardo Cristadoro & Leandro D’Aurizio, 2015. "The Italian Firms’ International Activity," Questioni di Economia e Finanza (Occasional Papers) 261, Bank of Italy, Economic Research and International Relations Area.

    More about this item


    Imprese esportatrici; dimensione di impresa; produttività;

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements


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