IDEAS home Printed from https://ideas.repec.org/a/kap/revind/v23y2003i1p1-24.html
   My bibliography  Save this article

Foreign Expansion by Italian Manufacturing Firms in the Nineties: an Ordered Probit Analysis

Author

Listed:
  • Roberto Basile

    ()

  • Anna Giunta

    ()

  • Jeffrey Nugent

    ()

Abstract

This paper develops a foreign expansion index (FEI) of the firm which integrates various dimensions of commitment to internationalization, i.e. exports, foreign penetration operations and FDI. This study focuses on Italy, constructing FEIs for each of some 4,000 firms for three periods characterized by different exchange rate regimes. The determinants of FEI in each period are studied through the use of an ordered probit model. The findings suggest that: a) firm size, inter- firm relations, innovation capabilities, location and technology are all highly significant determinants of FEI, but their impact on the foreign expansion is influenced by the exchange rate regime.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Roberto Basile & Anna Giunta & Jeffrey Nugent, 2003. "Foreign Expansion by Italian Manufacturing Firms in the Nineties: an Ordered Probit Analysis," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 23(1), pages 1-24, August.
  • Handle: RePEc:kap:revind:v:23:y:2003:i:1:p:1-24
    DOI: 10.1023/B:REIO.0000005561.07176.30
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1023/B:REIO.0000005561.07176.30
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    as
    1. Guido Nassimbeni & Alberto De Toni, 2000. "La propensione esportativa della piccola impresa: un confronto empirico tra unità esportatrici e non esportatrici," ECONOMIA E POLITICA INDUSTRIALE, FrancoAngeli Editore, vol. 2000(105).
    2. Michele Bagella & Leonardo Becchetti, 1999. "Effetto distretto e performance delle esportazioni sotto diversi regimi di cambio: analisi empirica e implicazioni per l'Euro," Politica economica, Società editrice il Mulino, issue 2, pages 225-252.
    3. Lall, Sanjaya, 1980. "Monopolistic Advantages and Foreign Involvement by U.S. Manufacturing Industry," Oxford Economic Papers, Oxford University Press, vol. 32(1), pages 102-122, March.
    4. Basile, Roberto, 2001. "Export behaviour of Italian manufacturing firms over the nineties: the role of innovation," Research Policy, Elsevier, vol. 30(8), pages 1185-1201, October.
    5. Lipsey, Robert E & Weiss, Merle Yahr, 1984. "Foreign Production and Exports of Individual Firms," The Review of Economics and Statistics, MIT Press, vol. 66(2), pages 304-308, May.
    6. Davide Castellani, 2002. "Export behavior and productivity growth: Evidence from Italian manufacturing firms," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 138(4), pages 605-628, December.
    7. Alessandro STERLACCHINI, 2000. "The determinants of export performance: A firmlevel study in Italian Manufacturing," Working Papers 142, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    8. Amemiya, Takeshi, 1981. "Qualitative Response Models: A Survey," Journal of Economic Literature, American Economic Association, vol. 19(4), pages 1483-1536, December.
    9. Harvey, A C, 1976. "Estimating Regression Models with Multiplicative Heteroscedasticity," Econometrica, Econometric Society, vol. 44(3), pages 461-465, May.
    10. Seev Hirsch & Ilan Bijaoui, 1985. "R&D intensity and export performance: A micro view," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 121(2), pages 238-251, June.
    11. Athukorala, Premachandra & Menon, Jayant, 1994. "Pricing to Market Behaviour and Exchange Rate Pass-Through in Japanese Exports," Economic Journal, Royal Economic Society, vol. 104(423), pages 271-281, March.
    12. Andrea Bonaccorsi, 1992. "On the Relationship Between Firm Size and Export Intensity," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 23(4), pages 605-635, December.
    13. Linsu Kim & Jeffrey B. Nugent & Seung-Jae Yhee, 1997. "Transaction Costs And Export Channels Of Small And Medium-Sized Enterprises: The Case Of Korea," Contemporary Economic Policy, Western Economic Association International, vol. 15(1), pages 104-120, January.
    14. Wakelin, Katharine, 1998. "Innovation and export behaviour at the firm level," Research Policy, Elsevier, vol. 26(7-8), pages 829-841, April.
    15. Feinberg, Robert M., 1992. "Hysteresis and export targeting," International Journal of Industrial Organization, Elsevier, vol. 10(4), pages 679-684, December.
    Full references (including those not matched with items on IDEAS)

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:revind:v:23:y:2003:i:1:p:1-24. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla) or (Rebekah McClure). General contact details of provider: http://www.springer.com .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.