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The Happy Few: New Facts on the Internationalization of European Firms Based on Firm-level Evidence

Author

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  • Thierry Mayer
  • Gianmarco I.P. Ottaviano

Abstract

Lack of statistical information at the firm level has so far prevented systematic inclusion of firm-level analysis in the policymaker's standard toolbox. This paper argues that the time is ripe to supplement the policymaking toolbox: firm-level datasets are now available and provide new information that one cannot afford to ignore. The focus of the paper is on the characteristics of European firms involved in international activities through exports or foreign direct investment. The analysis of firm-level evidence reveals some new facts that are simply unobservable at the aggregate level.

Suggested Citation

  • Thierry Mayer & Gianmarco I.P. Ottaviano, 2008. "The Happy Few: New Facts on the Internationalization of European Firms Based on Firm-level Evidence," L'industria, Società editrice il Mulino, issue 2, pages 221-244.
  • Handle: RePEc:mul:j0hje1:doi:10.1430/27263:y:2008:i:2:p:221-244
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    Citations

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    Cited by:

    1. Marco Fugazza & Alain McLaren, 2014. "Market Access, Export Performance and Survival: Evidence from Peruvian Firms," Review of International Economics, Wiley Blackwell, vol. 22(3), pages 599-624, August.
    2. Andrea Ciani & Michele Imbruno, 2017. "Microeconomic mechanisms behind export spillovers from FDI: evidence from Bulgaria," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 153(4), pages 703-734, November.
    3. Mery Patricia Tamayo & Elena Huergo, 2016. "The Effect of R&D Services Offshoring on Skilled Employment: Firm Evidence," The World Economy, Wiley Blackwell, vol. 39(9), pages 1414-1433, September.
    4. Markus Kelle & Jörn Kleinert, 2010. "German Firms in Service Trade," Applied Economics Quarterly (formerly: Konjunkturpolitik), Duncker & Humblot, Berlin, vol. 56(1), pages 51-72.
    5. Tamayo, M. P. & Huergo, E., 2013. "The effect of high-tech services offshoring on skilled employment: intra-firm evidence," MPRA Paper 43970, University Library of Munich, Germany.
    6. Daniela Federici & Valentino Parisi, 2014. "Corporate Taxation and Exports: Evidence from Italian Firm-Level Data," Review of Economics & Finance, Better Advances Press, Canada, vol. 4, pages 23-38, May.
    7. Fernandes, Ana M. & Freund, Caroline & Pierola, Martha Denisse, 2016. "Exporter behavior, country size and stage of development: Evidence from the exporter dynamics database," Journal of Development Economics, Elsevier, vol. 119(C), pages 121-137.
    8. Bellone, Flora & Kiyota, Kozo & Matsuura, Toshiyuki & Musso, Patrick & Nesta, Lionel, 2014. "International productivity gaps and the export status of firms: Evidence from France and Japan," European Economic Review, Elsevier, vol. 70(C), pages 56-74.
    9. repec:ecb:ecbops:2012163 is not listed on IDEAS
    10. Tamminen, Saara & van den Berg, Marcel & van Marrewijk, Charles, 2016. "Trade, Productivity and Profits: On Profit levels and Profit margins," Working Papers 80, VATT Institute for Economic Research.
    11. Vissak, Tiia & Masso, Jaan, 2015. "Export patterns: Typology development and application to Estonian data," International Business Review, Elsevier, vol. 24(4), pages 652-664.
    12. Osbat, Chiara & Zollino, Francesco & Aiello, Giovanni & Bluhm, Benjamin & Buelens, Christian & Cavallini, Flavia & Joseph, Andreas & Leonte, Alexandru & Lommatzsch, Kirsten & Momchilov, Georgi & Giord, 2015. "Compendium on the diagnostic toolkit for competitiveness," Occasional Paper Series 163, European Central Bank.
    13. Fernanda Ricotta, 2016. "Productivity Differences By Export Destination," Working Papers 201601, Università della Calabria, Dipartimento di Economia, Statistica e Finanza "Giovanni Anania" - DESF.
    14. CHRIS MILNER & DANNY McGOWAN, 2013. "Trade Costs And Trade Composition," Economic Inquiry, Western Economic Association International, vol. 51(3), pages 1886-1902, July.
    15. Sami Bensassi & Laura Márquez-Ramos & Inmaculada Martínez-Zarzoso, 2012. "Economic Integration and the Two Margins of Trade: The Impact of the Barcelona Process on North African Countries' Exports," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 21(2), pages 228-265, March.
    16. Matteo Fiorini & Giorgia Giovannetti & Mauro Lanati & Filippo Santi, 2018. "Asymmetric Cultural Proximity and Greenfield FDI," Development Working Papers 434, Centro Studi Luca d'Agliano, University of Milano, revised 29 Jan 2018.
    17. J. Peter Neary, 2016. "International Trade in General Oligopolistic Equilibrium," Review of International Economics, Wiley Blackwell, vol. 24(4), pages 669-698, September.
    18. repec:bla:worlde:v:40:y:2017:i:7:p:1381-1404 is not listed on IDEAS
    19. Sabien Dobbelaere & Kozo Kiyota, 2017. "Labor market imperfections, markups and productivity in multinationals and exporters," Tinbergen Institute Discussion Papers 17-113/V, Tinbergen Institute.
    20. MATSUURA Toshiyuki, 2015. "Impact of Extensive and Intensive Margins of FDI on Corporate Domestic Performance: Evidence from Japanese automobile parts suppliers," Discussion papers 15032, Research Institute of Economy, Trade and Industry (RIETI).
    21. Karine Latouche & Emmanuelle Chevassus-Lozza, 2015. "Retailer Supply Chain and Market Access: Evidence From French Agri-food Firms Certified with Private Standards," The World Economy, Wiley Blackwell, vol. 38(8), pages 1312-1334, August.
    22. Liza Jabbour & Pluvia Zuniga, 2016. "The Outsourcing of Research and Development in Global Markets: Evidence from France," The World Economy, Wiley Blackwell, vol. 39(3), pages 339-368, March.
    23. Valeria Gattai, 2015. "Internationalisation and performance at the firm-level: what we learn from Italy," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 42(4), pages 475-509, December.
    24. Kareem, Fatima Olanike & Martinez-Zarzoso, Inmaculada & Brümmer, Bernhard, 2016. "Fitting the Gravity Model when Zero Trade Flows are Frequent: a Comparison of Estimation Techniques using Africa's Trade Data," Discussion Papers 230588, Georg-August-Universitaet Goettingen, GlobalFood, Department of Agricultural Economics and Rural Development.
    25. Muñoz Sepúlveda, Jesús A., 2014. "Residual exports and domestic demand: an empirical analysis," MPRA Paper 58328, University Library of Munich, Germany.

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