Internationalization and economic performance of enterprises: evidence from firm-level data

Hagemejer, Jan and Kolasa, Marcin (2008): Internationalization and economic performance of enterprises: evidence from firm-level data.

Abstract

This paper provides evidence on the relative performance of internationalized firms using Polish firm-level data spanning over the period of 1996-2005. We distinguish between three modes of internationalization: exporting, importing of capital goods and foreign direct investment. Our results point strongly at superior performance of exporters vs. non-exporters importers vs. non-importers and foreign affiliates vs. domestic firms. We also find evidence for significant horizontal and backward productivity spillovers from all three types of international activity.

• Item Type: MPRA Paper
• Language: English
• Keywords: internationalization; productivity; panel firm-level data
• Subjects: F - International Economics > F1 - Trade > F15 - Economic Integration; L - Industrial Organization > L2 - Firm Objectives, Organization, and Behavior > L25 - Firm Performance: Size, Diversification, and Scope; F - International Economics > F2 - International Factor Movements and International Business > F23 - Multinational Firms ; International Business; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O12 - Microeconomic Analyses of Economic Development

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