Going abroad on regional shoulders: the role of spillovers on the composition of regional exports

Author/s Mariasole Bannò, Diego Giuliani, Enrico Zaninotto
Publishing Year 2014 Issue 2014/4 Language English
Pages 23 P. 105-127 File size 124 KB
DOI 10.3280/POLI2014-004006
DOI is like a bar code for intellectual property: to have more infomation click here

Below, you can see the article first page

If you want to buy this article in PDF format, you can do it, following the instructions to buy download credits

Article preview

FrancoAngeli is member of Publishers International Linking Association, Inc (PILA), a not-for-profit association which run the CrossRef service enabling links to and from online scholarly content.

In this paper we examine the existence of destination, industry, and generic export spillovers at the regional level. The empirical analysis is conducted by examining data on export activity of one hundred three Italian NUTS 3 regions, the ten industries with the highest export values in the period 2004-2008, and the fifteen main countries of destination of Italy’s exports. In particular we analyse the decision of export and subsequent flow of trade and we aim to identify the source and quantify the effect of spillovers generated at the regional level by means of a selection-bias corrected panel data model. In order to control for the different territorial effects, three models are estimated. The first one uses all the observations in the period, the second one is estimated using only the regions located in the north-centre of Italy, and the last one is estimated considering the data from the south of Italy. With the inclusion of controls, results show a distinct effect of export industry, destination, and generic spillovers both on the intensive and extensive margins of trade. Spillovers at the start of export activity are stronger when specific by product while are stronger generically when analysing the export flow.

Keywords: International trade, export spillovers, NUTS 3 region, selection-bias corrected panel data model

Jel codes: C33, F14, R10

  1. Akhmetova Z., Mitaritonna C. 2012. A model of firm experimentation under demand uncertainty with an application to multi-destination exporters. University of New South Wales Working Paper 1.
  2. Albornoz F., Calvo Pardo H.F., Corcos G., Ornelas E. 2012. Sequential exporting. Journal of International Economics, 88 (1): 17-31, DOI: 10.1016/j.jinteco.2012.02.007
  3. Antonietti R., Cainelli G. 2011. The role of spatial agglomeration in a structural model of innovation, productivity and export: a firm-level analysis. The Annals of Regional Science, 46 (3): 577-600, DOI: 10.1007/s00168-009-0359-7
  4. Balassa B. 1965. Trade liberalization and revealed comparative advantage. Manchester School of Economics and Social Studies, 33 (2): 99-123.
  5. Bannò M., Piscitello L., Varum C. 2013. Determinants of the internationalization of regions: the role and effectiveness of public policy measures. Regional Studies, published online, DOI: 10.1080/00343404.2013.821570
  6. Bannò M., Redondi R. 2014. Air connectivity and foreign direct investments: economic effects of the introduction of new routes. European Transport Research Review, published online, DOI: 10.1007/s12544-014-0136-2
  7. Barrios S., Görg H., Strobl E. 2003. Explaining firms’ export behaviour: R&D, spillovers and the destination market. Oxford Bulletin of Economics and Statistics, 65 (4): 475-496, DOI: 10.1111/1468-0084.t01-1-00058
  8. Basile R., Giunta A., Nugent J.B. 2003. Foreign expansion by Italian manufacturing firms in the nineties: an ordered probit analysis. Review of Industrial Organization, 23 (1): 1-24, DOI: 10.1023/B:REIO.0000005561.07176.30.BeaudryC.,SchiffauerovaA.2009.Who’sright,MarshallorJacobs?Thelocalizationversusurbanizationdebate.ResearchPolicy,38(2):318-337,doi:10.1016/j.respol.2008.11.010
  9. Becchetti L., De Panizza A., Oropallo F. 2007. Role of industrial district externalities in export and value-added performance: evidence from the population of Italian firms. Regional studies, 41 (5): 601-621, DOI: 10.1080/00343400701281691
  10. Bernard A.B., Jensen J.B. 2004. Why some firms export. Review of Economics and Statistics, 86 (2): 561-569, DOI: 10.1162/003465304323031111
  11. Bottasso A., Piccardo C. 2013. Export activity and firm heterogeneity: a survey of the empirical evidence for Italy. Economia e Politica Industriale, 40 (4): 27-61, DOI: 10.3280/POLI2013-004002
  12. Cantwell J., Piscitello L. 2005. Recent location of foreign-owned research and development activities by large multinational corporations in the European regions: the role of spillovers and externalities. Regional Studies, 39 (1): 1-16, DOI: 10.1080/0034340052000320824
  13. Chaney T. 2011. The network structure of international trade. National Bureau of Economic Research w16753.
  14. Chun-Yu H., Wang W., Jihai Y. 2013. Growth spillover through trade: a spatial dynamic panel data approach. Economics Letters, 120 (3): 450-453, DOI: 10.1016/j.econlet.2013.05.027
  15. Clerides S.K., Lach S., Tybout J.R. 1998. Is learning by exporting important? Microdynamic evidence from Colombia, Mexico, and Morocco. The Quarterly Journal of Economics, 113 (3): 903-947.
  16. Dunning J.H. 2000. Regions, globalisation and the knowledge economy: the issues stated, in Dunning J.H. (ed.) Regions, Globalisation and the Knowledge Based Economy. Oxford University Press: Oxford.
  17. Falvey R., Foster N., Greenaway D. 2004. Imports, exports, knowledge spillovers and growth. Economics Letters, 85 (2): 209-213, DOI: 10.1016/j.econlet.2004.04.007
  18. Frenken K., Van Oort F., Verburg T. 2007. Related variety, unrelated variety and regional economic growth. Regional studies, 41 (5): 685-697, DOI: 10.1080/00343400601120296
  19. Greenaway D., Kneller R. 2008. Exporting, productivity and agglomeration. European Economic Review, 52 (5): 919-939, DOI: 10.1016/j.euroecorev.2007.07.001
  20. Heckman J. 1976. The common structure of statistical models of truncation, sample selection and limited dependent variables and a simple estimator for such models. Annals of Economic and Social Measurement, 5 (4): 475-492.
  21. Jacobs J. 1969. The Economy of Cities. Random House: New York.
  22. Koenig P. 2009. Agglomeration and the export decisions of French firms. Journal of Urban Economics, 66 (3): 186-195, DOI: 10.1016/j.jue.2009.07.002
  23. Koenig P., Mayneris F., Poncet S. 2010. Local export spillovers in France. European Economic Review, 54 (4): 622-641, DOI: 10.1016/j.euroecorev.2009.12.001
  24. Kotabe M., Srinivasan S.S., Aulakh P.S. 2002. Multinationality and firm performance: the moderating role of R&D and marketing capabilities. Journal of International Business Studies: 33 (1): 79-97.
  25. Krautheim S. 2012. Heterogeneous firms, exporter networks and the effect of distance on international trade. Journal of International Economics, 87 (1): 27-35, DOI: 10.1016/j.jinteco.2011.11.004.KrugmanP.1992.Adynamicspatialmodel.NBERWorkingPaper4219
  26. Laursen K., Masciarelli F., Prencipe A. 2012. Regions matter: how localized social capital affects innovation and external knowledge acquisition. Organization Science, 23 (1): 177-193, DOI: 10.1287/orsc.1110.0650
  27. Manez J.A., Rochina M.E., Sanchis J.A. 2004. The decision to export: a panel data analysis for Spanish manufacturing. Applied Economics Letters, 11 (11): 669-673, DOI: 10.1080/1350485042000236601
  28. Mariotti S., Mutinelli M., Piscitello L. 2008. The internationalization of production by Italian industrial districts’ firms: structural and behavioural determinants. Regional Studies, 42 (5): 719-735, DOI: 10.1080/00343400701543264
  29. Mariotti S., Mutinelli M. 2012. Italia multinazionale 2012: le partecipazioni italiane all’estero ed estere in Italia. Rubbettino Editore: Soveria Mannelli.
  30. McCann P. 2001. Urban and Regional Economics. Oxford University Press: Oxford.
  31. Aitken B., Hanson G.H., Harrison A.E. 1997. Spillovers, foreign investment, and export behavior. Journal of International economics, 43 (1): 103-132, DOI: 10.1016/S0022-1996(96)01464-X
  32. McCann P., Acs Z.J. 2011. Globalization: countries, cities and multinationals. Regional Studies, 45 (1): 17-32, DOI: 10.1080/00343404.2010.505915
  33. Meinen P. 2012. Sunk costs of exporting and the role of experience in international trade, mimeo.
  34. Minondo A. 2010. Exports’ productivity and growth across Spanish regions. Regional Studies, 44 (5): 569-577, DOI: 10.1080/00343400902783255
  35. Morales E., Sheu G., Zahler A. 2014. Gravity and extended gravity: using moment inequalities to estimate a model of export entry. NBER Working Paper 19916.
  36. Patel P., Vega M. 1999. Patterns of internationalisation of corporate technology: location vs. home country advantages. Research Policy, 28 (2-3): 145–155, DOI: 10.1016/S0048-7333(98)00117-6
  37. Porter M.E. 1996. Competitive advantage, agglomeration economies and regional policy. International Regional Science Review, 19 (1-2): 85-94, DOI: 10.1177/016001769601900208
  38. Rugman A.M., Oh C.H., Lim D.S.K. 2012. The regional and global competitiveness of multinational firms. Journal of the Academy of Marketing Science, 40 (2): 218-235, DOI: 10.1007/s11747-011-0270-5
  39. Shin M.E., Agnew J., Breau S., Richardson P. 2006. Place and the geography of Italian export performance. European Urban and Regional Studies, 13 (3): 195-208, DOI: 10.1177/0969776406065430
  40. Silvente F.R., Giménez J.C. 2007. Information spillovers and the choice of export destination: a multinomial logit analysis of Spanish young SMEs. Small Business Economics, 28 (1): 69-86, DOI: 10.1007/s11187-005-7324-3
  41. Vial D.I., Fernández-Olmos M. 2014. How do local knowledge spillovers and experience affect export performance?. European Planning Studies, 22 (1): 143-163, DOI: 10.1080/09654313.2012.741570
  42. Wooldridge J.M. 1995. Selection corrections for panel data models under conditional mean independence assumptions. Journal of Econometrics, 68 (1): 115-132, DOI: 10.1016/0304-4076(94)01645-G

  • Commited to learn: come le pmi imparano ad esportare. una analisi di casi aziendali Mariasole Bannò, Enrico Zaninotto, in MERCATI E COMPETITIVITÀ 2/2016 pp.113
    DOI: 10.3280/MC2016-002007

Mariasole Bannò, Diego Giuliani, Enrico Zaninotto, Going abroad on regional shoulders: the role of spillovers on the composition of regional exports in "ECONOMIA E POLITICA INDUSTRIALE " 4/2014, pp 105-127, DOI: 10.3280/POLI2014-004006