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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP12639 |
DP12639 The ladder of internationalization modes: Evidence from European firms | |
Gábor Békés; Balázs Muraközy | |
发表日期 | 2018-01-22 |
出版年 | 2018 |
语种 | 英语 |
摘要 | How do firms enter international markets? To answer this question, this paper uses a unique multi-country firm-level dataset which, besides direct exporting and FDI, provides explicit information on a number of internationalization modes: indirect exporting, outsourced manufacturing and service FDI. We present a theoretical framework in which modes requiring higher and higher commitment have progressively higher fixed and lower marginal costs. By estimating multinomial and ordered logit models, we present evidence in line with such a sorting framework with respect to TFP and innovativeness. We identify three 'clusters' of modes: indirect exporters are similar to non-exporters, direct exporters and outsourced manufacturers constitute a second cluster while service and manufacturing FDI are the most demanding internationalization modes. |
主题 | International Trade and Regional Economics |
关键词 | Firm heterogeneity Sorting Export Fdi Outsourcing Internationalization mode Ordered logit |
URL | https://cepr.org/publications/dp12639 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/541451 |
推荐引用方式 GB/T 7714 | Gábor Békés,Balázs Muraközy. DP12639 The ladder of internationalization modes: Evidence from European firms. 2018. |
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