Exports and Success in Italian Manufacturing Firms
This paper sets out to verify whether the Italian export firms have increased their productivity more than the non-exporting ones. The analysis focuses on the manufacturing sector. According to the available literature, there is an increase in productivity, but it takes place before firms enter the foreign markets. On the other hand, there is no significant probability that firms able to operate on foreign markets will surpass the other firms in productivity, although they are characterized by a greater dynamism in employment and sales. This article demonstrates that from 1989 to 1994 Italian exporting firms increased their productivity more than the firms operating on the home market, but this was a temporary result helped by depreciation of the lira, fuelling the growth of the export firms.
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