scholarly journals Economic performance and international trade engagement: the case of Portuguese manufacturing firms

2012 ◽  
Vol 10 (4) ◽  
pp. 521-547 ◽  
Author(s):  
Armando Silva ◽  
Oscar Afonso ◽  
Ana Paula Africano
Keyword(s):  
International Trade ◽  
Economic Performance ◽  
Manufacturing Firms

International Trade and Economic Performance in Tanzania: Further Evidence

2021 ◽  
pp. 1-17
Author(s):  
Ally A. L. Kilindo
Keyword(s):  
Economic Growth ◽  
International Trade ◽  
Economic Performance ◽  
Trade Restrictions ◽  
Correction Model ◽  
Spurious Regression ◽  
Long Run ◽  
Reform Period ◽  
Manufactured Goods

Abstract The study investigated the role of international trade in economic performance in Tanzania for the post reform period, from 1980 to 2018. International trade is measured by disaggregated imports and exports while economic performance is measured by GDP growth. Exports are disaggregated into manufactured goods and non-manufactured goods while imports are disaggregated into capital goods and intermediate goods. To obtain robust non-spurious regression results, Dickey-Fuller (D-F) and Phillips-Peron (PP) Unit Root tests were performed. Johansen Co-integration tests were employed to investigate long-run relationships between export, imports and economic growth. The Johansen test suggested a long-run relationship between international trade and its components and economic development. In addition, the Error Correction Model (ECM) results further supported a long-run relationship between international trade and economic growth in Tanzania. This calls for further opening of the economy and further liberalisation of trade restrictions.

scholarly journals Do Innovation and Offshoring Make a Difference? An Empirical Exploration of the Effects on the Performance of European Firms

2016 ◽  
Vol 9 (7) ◽  
pp. 98 ◽  
Author(s):  
Pinuccia Calia ◽  
Ida D'Attoma ◽  
Silvia Pacei
Keyword(s):  
Economic Performance ◽  
Driving Forces ◽  
Manufacturing Firms ◽  
Point Of View ◽  
Firm Characteristics ◽  
Factors Affecting ◽  
Self Selection ◽  
Firm Profitability ◽  
Selection Mechanisms ◽  
The Eu

<p>This study attempts to answer the question of whether European manufacturing firms that undertake offshoring, innovation or both benefit from higher productivity and profitability. From a methodological point of view, the driving forces that push firms to innovate and/or to offshore can be seen as self-selection mechanisms that make the estimation of their economic impact more difficult if the confounding factors affecting these mechanisms also affect the economic performance of the firms. To disentangle the effect of both offshoring and innovation on firms’ performances from the effect of firm characteristics, the propensity score matching methodology in a multi-overlapping treatment setting is used.<strong> </strong>The study targets European countries using the EU-EFIGE/Bruegel-Unicredit dataset. Decisions to offshore and innovate do not seem to have a significant effect on productivity, whereas the decision to innovate only has a significant effect on firm profitability.<strong> </strong></p>

scholarly journals Combining Internal and External R&D: The Effects on Innovation Performance in Family and Nonfamily Firms

2019 ◽  
Vol 44 (5) ◽  
pp. 996-1031 ◽  
Author(s):  
Fernando Muñoz-Bullón ◽  
Maria J. Sanchez-Bueno ◽  
Alfredo De Massis
Keyword(s):  
Family Business ◽  
Longitudinal Analysis ◽  
Economic Performance ◽  
Family Firms ◽  
Manufacturing Firms ◽  
Innovation Performance ◽  
Business Innovation ◽  
Innovation Research ◽  
The Relationship ◽  
Positive Effect

We examine the effect of combining internal and external R&D loci on innovation performance in family firms (FF) and nonfamily firms (non-FFs). Our longitudinal analysis of 27,438 firm-year observations of Spanish manufacturing firms from 1990 to 2016 shows that FFs can better exploit the benefits of simultaneously engaging in internal and external R&D activities, leading to a positive effect on innovation performance. Moreover, the relationship between combined internal and external R&D and innovation performance in FFs is contingent upon firm economic performance. By pointing to the importance of taking into account the combination of internal and external R&D loci to foster innovation in FFs, we challenge current family business innovation research.

EXPANDING FRAGMENTATION OF PRODUCTION IN EAST ASIA AND DOMESTIC OPERATIONS: FURTHER EVIDENCE FROM JAPANESE MANUFACTURING FIRMS

2013 ◽  
Vol 04 (01) ◽  
pp. 1350001 ◽  
Author(s):  
MITSUYO ANDO ◽  
FUKUNARI KIMURA
Keyword(s):  
International Trade ◽  
East Asia ◽  
Production Process ◽  
Division Of Labor ◽  
Manufacturing Firms ◽  
Fragmentation Of Production

This paper investigates the pattern of globalizing corporate activities of Japanese manufacturing firms and their domestic operations and international trade. More specifically, we compare changes in domestic operations and international trade of firms expanding operations in East Asia with those of firms not expanding operations in two contrastive periods, 1998–2002 and 2002–2006. In addition, we conduct analyses incorporating the information on the globalizing behavior in the former period for the latter period and analyses focusing only on non-MNEs or MNEs in line with the literature. Our study demonstrates that Japanese manufacturing firms with expanding operations in East Asia are more likely to increase domestic employment and the number of domestic affiliates and establishments as well as to intensify export/import activities with the region, particularly in the latter period, by effectively utilizing the mechanics of production process-wise division of labor in East Asia.

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