Economic Performance And International Trade Engagement: The Case Of Portuguese Manufacturing Firms

By combining economic and financial data for Portuguese manufacturing firms with data on their exports and imports, the authors uncover some aspects of the relationship between international trade engagement and firms' performance. In line with recent theoretical and empirical developments in the international trade literature: they testify that Portuguese international trade is highly concentrated, especially on the import side, and both in inter- and intra-sector terms; they corroborate previous studies and theses according to which two-way traders outperform only importers, only exporters and above all domestic firms and they find that the greater the diversification of markets and goods (especially with regard to imports), the better the performance achieved by internationalised firms.

Provided by: Gabinete de Estratégia e Estudos Topic: CXO Date Added: Jun 2011 Format: PDF

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