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

Jan Hagemejer and Marcin Kolasa ()

No 51, National Bank of Poland Working Papers from National Bank of Poland, Economic Institute

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: foreign direct investment, exporting and importing of capital goods. Our results point strongly at superior performance of foreign affiliates vs. domestic firms, exporters vs. non-exporters and importers vs. non-importers. There seem to be important learning effects associated with becoming a foreign affiliate or an exporter. We also find evidence for significant horizontal and backward productivity spillovers from all three types of international activity.

Keywords: internationalization; productivity; panel firm-level data (search for similar items in EconPapers)
JEL-codes: L25 F23 F15 O12 (search for similar items in EconPapers)
Date: 2008-11
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Working Paper: Internationalization and economic performance of enterprises: evidence from firm-level data (2008)
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Persistent link: http://EconPapers.repec.org/RePEc:nbp:nbpmis:51

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