Foreign firms and export performance in developing countries lessons from the debt crisis by Magnus Blomström

Cover of: Foreign firms and export performance in developing countries | Magnus Blomström

Published by National Bureau of Economic Research in Cambridge, MA .

Written in English

Read online


  • Corporations, American -- Developing countries,
  • International business enterprises -- Developing countries,
  • Exports -- Statistics

Edition Notes

Book details

StatementMagnus Blomstrom, Robert E. Lipsey.
SeriesNBER working paper series -- Working paper no. 3412, Working paper series (National Bureau of Economic Research) -- working paper no. 3412.
ContributionsLipsey, Robert E., National Bureau of Economic Research.
The Physical Object
Pagination33 p. ;
Number of Pages33
ID Numbers
Open LibraryOL22437933M

Download Foreign firms and export performance in developing countries

Foreign firms and export performance in developing countries. Cambridge, MA: National Bureau of Economic Research, [] (OCoLC) Material Type: Internet resource: Document Type: Book, Internet Resource: All Authors / Contributors: Magnus Blomström; Robert E Lipsey; National Bureau of Economic Research.

Foreign Firms and Export Performance in Developing Countries: Lessons from the Debt Crisis Article (PDF Available) January with 8 Reads How we measure 'reads'. Get this from a library.

Foreign Firms and Export Performance in Developing Countries: Lessons from the Debt Crisis. [Magnus Blomstrom; Robert E Lipsey; National Bureau of Economic Research.] -- Abstract: This paper compares U.S.-owned affiliates with Foreign firms and export performance in developing countries book firms in developing.

Abstract: countries with respect to the shifts in sales from home to export markets ct: response to. Downloadable. This paper compares U.S.-owned affiliates with other firms in developing countries with respect to the shifts in sales from home to export markets in response to the debt crisis of the early s.

The U.S. affiliates in heavily indebted countries increased their exports and the share of their production exported more rapidly than other firms did afterwhile affiliates in.

Although most early work on export performance has been confined almost exclusively to firms from developed economies (Sousa et al., ; Zou & Stan, ), there are several recent studies that focus explicitly on EEFs (see Table 1).Overall, these studies examine export performance via export intensity (i.e., sales from foreign markets as opposed to domestic ones) and emphasize Cited by: We examine factors affecting export performance of SMEs in the Kyrgyz Republic.

Empirical estimations based on the Enterprise Survey data set reveal that correspondence with quality requirements, increasing participation of foreign capital in ownership of firms, availability of financial resources, and labor productivity are important.

foreign currencies. Better export performance of the firms can plays a crucial roles by giving firms and nations a realistic opportunity for growth. This study has shown firm characteristics indicators (firm size in terms of full time employees, the age of the firms, length of overseas.

the UNCTAD secretariat into the determinants of export performance of developed and developing countries.2 The findings highlight the importance of both demand and supply-side factors. The study shows that Foreign firms and export performance in developing countries book barriers continue to be of sig-nificance, as has been stressed in other studies, including those by UNCTAD over the years.

Developing countries 3. Explanations for the decline in incidence of performance requirements D. Empirical effectiveness assessment of performance requirements 1. Export performance requirements 2. Joint venture and equity ownership.

activities of firms by grouping them according to their exposure to foreign markets. I distinguish firms that both import and export (two-way traders), that only export, and that only import. This allows me to compare firms’ evolution with different levels of foreign exposure.

Second, such detailed analysis is scarce for developing countries. In order to test whether the diaspora firms export performance depends on the export markets, we now turn to the analysis of export behavior across two main destination markets: South, which comprises African countries, China, India, and other Asian countries, and North, which comprises European Union member states, United States and other.

This study examined the role of foreign exchange risk management (FERM) on performance management of exporting firms in developing countries taking Uganda as the case study. The conceptual framework relating to FERM attributes (currency risk assessment and currency risk management strategies) and the indicators of.

Abstract: Foreign direct investment (FDI) has been identified to promote exports of host countries by augmenting domestic capital for exports, helping to transfer technology and new products for exports, facilitating access to new and large foreign markets, providing training for the local workforce, and upgrading technical and management skills.

However, little is known on the role of. Large firms play a pivotal role in international trade. A significant share of exports is done by a small number of these large firms, which enjoy substantial market power across destination countries, as documented in Freund and Pierola ().

1 The fates of these large firms shape, in part, the countries’ trade patterns. For instance, Nokia in Finland or the Intel plant in Costa Rica have. VIENNA, Austria, Octo —Reducing risk in developing countries is key to spurring investment and growth. A new report and investor survey published today by the World Bank Group concludes that, on balance, foreign direct investment (FDI) benefits developing countries, bringing in technical know-how, enhancing work force skills, increasing productivity, generating.

The software firms focus on the development of products and services for niche markets, which can compete at a domestic and foreign market level (Neubert & Van Der Krogt, ).

Other sources used were: firm and product flyers and brochures, corporate websites, and internal documents provided by the interviewees and other secondary data, which. emerging economies and their performance in foreign markets. Hypotheses derived from this framework were tested on a sample of firms from Brazil, Chile, and Mexico.

Findings suggest that cost-based strategies enhance export performance in developed country markets and differentiation strategies enhance performance in other develop- ing countries. Foreign Firms and Export Performance in Developing Countries: Lessons from the Debt Crisis Magnus Blomstrom, Robert E.

Lipsey. NBER Working Paper No. (Also Reprint No. r) Issued in August NBER Program(s):International Trade and Cited by: 1.

This paper analyses the determinants of exports in developing countries using panel data of 75 countries for the period The analysis shows that the GDP and the GDP growth rates. whether to maintain a national (one-country) manufacturing base and export goods to the other countries.

which foreign companies to team up with via strategic alliances or joint ventures. whether to use strategic alliances to help defeat its rivals. Correct Answer: B. Using a detailed firm level dataset from 43 developing countries, I show that there are persistent differences in evolution of firms when they are grouped according to their trade orientation as: two-way traders (both importing and exporting), only exporters, only importers, and non-traders.

Since SMEs make up the large majority of firms in developing countries, improvements in this domain are necessary to favour export growth. Domestic policies may affect export performance either directly, through the set of policy instruments with direct influence on foreign trade, or indirectly, through the set of policy measures that have.

Empirical studies on the impact of FDI in most developing countries like Nigeria largely dwelt at macro level particularly on ecomic growth, neglecting the micro level. Thus, this mograph looked at the impact of FDI on the performance of manufacturing firms in developing countries particularly, Nigeria.

A number of studies have pointed out that firms that start exporting exhibit better performance (prior to commencing exports) than non-exporter firms (Bernard and Jensen ). Such a causal effect running from the level of firms’ pre-exporting performance to export status, however, is not the whole picture of the relationship.

export performance is important, since exports have been for a long time viewed as an engine of Many developing countries including China restrict imports of manufacturing products but may allow FDI in these sectors.

5 third spillovers are related to the linkage between foreign and local firms. If export. export to the U.K. The construction of firm-specific exchange rate shocks is made possible by the availability of information on firm-specific export country destinations for foreign-invested firms in China’s industrial census of These data are linked to enterprise survey data for the same firms.

Often, Chinese companies only contributed things like land or tax concessions that foreign companies couldn’t keep if the venture ended. As ofequity joint ventures between a Chinese company and a foreign partner require a minimum equity investment by the foreign partner of at least 33 to 70 percent of the equity, but there’s no.

Photo: Bloomberg The silver lining in India’s export performance 3 min read. Updated: 24 AugPM IST The recovery of India’s foreign.

Export Behavior and Productivity Growth: Evidence from Italian Manufacturing Firms. — This paper provides econometric evidence supporting the hypothesis that exporting implies learning effects.

Learning-by-exporting is modeled as a change, induced by export behavior, in the stochastic process governing firms’ productivity. Empirically, this is implemented by specifying cross-section.

export marketing performance for Thai export firms. 6 Ahmed, Z., Julian, C., Baalbaki, I., & Hadidian, T. Export Barriers and Firm Internationalization: A Study of Lebanese Entrepreneurs Survey Lebanon Manufacturing firms Most manufacturers perceive lack of government assistance, competition from firms in foreign markets, the need to.

The marketing-mix variables are directly in relation to their export performance. According to studies, it may be stated easly that the foreign market entry mode is not a determining factor of export performance.

It may then be said that there is a dirct or indirect relationship between the entry mode and the export performance of a firm.

offer tax concessions to foreign firms that invest in their countries. exclude foreign companies from specific industries. require that local investors own a significant proportion of the equity in a joint venture.

impose high custom duties on foreign firms. prohibit MNEs from joining a cartel. Great Britain Board of Trade, "Memorandum on the Export Policy of Trusts in Certain Foreign Countries," in Report on British and Foreign Trade and Industrial Combinations,p. At the turn of the century the German Union of Sheet Manufacturers was paying an export bounty to customers who incorporated sheets in export products of important determinant of firm's export performance.

The paper provides the investigation about effects of the country's financial system development on firm's percent of export sales with respect to the industry's financial vulnerability.

Using firm level survey covered 49 developing countries it detects the pronounced effect of the financial. Developing countries 1 have become major players in global trade. Their relative weight has grown enormously, mainly due to China’s meteoric rise as an exporter.

Though they partly reflect surging oil prices, increasing exports from the Middle East and North Africa (MENA), Eastern Europe, and Central Asia have further increased the weight of developing countries in world trade.

Despite these problems countertrade is likely "to grow as a major indirect entry method, especially in developing countries. Foreign production. Besides exporting, other market entry strategies include licensing, joint ventures, contract manufacture, ownership and participation in export processing zones or free trade zones.

A review of the past trading performance of small firms has shown that these deficiencies are major obstacles to export success. • Developing export infrastructure. Setting up infrastructure like export industrial estates, export processing zones, and bonded production centres can provide a real boost to export development.

This proposal will permit developing countries to maintain fiscal incentives—thus helping preserve their economic competitiveness as attractive destinations for foreign investment—while also offsetting potential harm that the mandatory elimination of EPZ export requirements may cause to developing-country industries.

1 day ago  Companies reliant on those banks—and their dollar-denominated financing of trade—then slow their exports, an effect particularly marked in companies with longer supply chains.

Trade is a. The effect is larger in developing countries – where market failures preventing reallocation into tradables are more pervasive, and it operates mostly through the extensive margin: more entry into new markets or products. More recently, a decline in the effect of real exchange rates on export performance has been documented.

Trade between developed and developing countries. Difficult problems frequently arise out of trade between developed and developing countries.

Most less-developed countries have agriculture-based economies, and many are tropical, causing them to rely heavily upon the proceeds from export of one or two crops, such as coffee, cacao, or sugar.

Markets for such goods are highly competitive (in other developing countries. Exporting firms account for 55 percent of manufacturing employment in the Caribbean, compared with 51 percent in other developing countries.

The data for manufacturing are probably more reliable than for the total, as estimates of exports. 2 This analysis is .L LEARNING OBJECTIVES 1 Describe the extent of world income inequality. 2 Explain some of the main challenges facing developing countries.

3 Define the view of development known as the “Washington Consensus.” 4 Outline the current debates about development policies. CHAPTER 36W Challenges Facing the Developing Countries In the comfortable urban life of today’s developed countries, most.

93084 views Thursday, November 12, 2020