Export diversification, or the breadth of exports of an economy, is increasingly seen as a means of accelerating economic growth, mitigating instability due to price, demand, and exchange rate fluctuations, and stabilizing earnings from exports in the long run. As economies integrate into global...

In this paper I apply the gravity model to analyse structural changes of Lithuania's export during the first pandemic year. Lithuania was selected as a case of a small open economy with relatively high numbers of Covid-19 cases, on one hand, and a rather small decrease of its GDP growth in 2020,...

The lack of information is a relevant obstacle to the export activity of small and medium enterprises. This paper analyzes whether banks can support firms' export by reducing informational asymmetries about foreign markets. We exploit a large sample of Italian firms for which we merge custom...

The article considers the theoretical and methodological approaches to global value chains when measuring international trade. Global trends in the modern development of international trade are analysed, and the main challenges of international trade policy for Ukraine are characterised. It is...

Die Autoren zeigen mit ihrer Analyse, dass der Abschluss des Handels- und Kooperationsabkommen zwischen der EU und Großbritannien im Interesse aller deutschen Bundesländer ist. Trotz unterschiedlicher Gewichte gehört Großbritannien, die bislang zweitgrößte Volkswirtschaft in der EU, zu den...

This paper explores how value-chain governance affects the innovation performance of suppliers of intermediate products. We take advantage of a unique dataset of Italian firms to identify governance regimes along suppliers’ technological capabilities and the level of explicit coordination in...

How much can employers in low and middle-income countries suppress wages below marginal productivity? Using plant and customs data from Colombia, we exploit pre- determined variation across plants in sales export destination combined with variation in exchange rates to generate plant-specific...

While an extensive strategy literature seeks to explain differences in firm performance, little is known about how much firm, industry and host-regions matter in explaining heterogeneity in export behaviors. The international entrepreneurship literature has highlighted that firm-, industry- and...

The authors conclude from their analysis that the EU-UK Trade and Cooperation Agreement is in the interest of all German states. To varying degrees, the UK, the second largest economy in the EU to date, is one of the main trading partners of every German state. Before the Corona crisis, the...

Economic sanctions are among the most powerful instruments of international policy. However, this study, using the example of the so-called anti-Russian sanctions, shows that in the global economy, countries are rapidly using other alternatives, and sanctions in the case analyzed act as a...

The objective of this contribution is to predict the development of the Czech Republic's (CR) exports to the PRC (People’s Republic of China) using ANN (artificial neural networks). To meet the objective, two research questions are formulated. The questions focus on whether growth in the...

Objective: The main objective of the article is to confirm the relationship between the innovativeness of new ventures and exporting. Based on the Oslo Manual, which indicates four main types of innovation, we analysed the innovation processes in firms and the impact of particular categories of...

In order to improve the competitive position and ensure continuous and sustainable economic growth in the international market, Western Balkan countries have recognized export sectors and branches as success generators. However, the low accumulation of economies in the region and insufficient...

Sufficient literature supports small and medium "enterprises" (SMEs) significant role in emerging and mature economies. Still, the same research highlights varying challenges that innovative firms in developing economies face, like access to formal credit and external markets. This study...

Export is an important contributor to growth with numerous direct and indirect macroeconomic benefits. Moreover, firms engaged in exporting activity tend to have superior characteristics compared to their non-exporting peers. The paper is focused on identifying reasons behind this superiority of...

Increased participation in global value chains is firmly related to the engagement of local producers in international markets through increasing sales in these markets. This study aims to examine factors affecting export performance of SMEs in the Kyrgyz Republic. Empirical estimations based on...

This paper investigates how firm size and global sourcing affect the export surviving probabilities. By using data on export and import transactions disaggregated by destination/origin for the entire Danish manufacturing firms between the period 1995-2006, the author is able to classify the...

A region can internationalise in various ways. The question is what type of internationalisation at regional level can be regarded as "smart" and what role should be played in it by foreign owned entities (FOEs)? The paper aims at identifying the role played by FOEs in NUTS-2 smart...

Business bribery is a particularly serious problem in the integration era. First, this article investigates the effects of institutional obstacles on firms' bribery in 131 countries classified by nation income groups. Through the appropriate proposal of fitting functions, the relationship...

The involvement of companies in different open innovation activities, through knowledge outputs and inputs, has become increasingly important for the success of companies. However, the existing literature on open innovation is scarce concerning the internationalization process of companies. The...

This study analysed the impact of the volatility of the rupiah exchange rate on four main commodities exported from Indonesia to six member countries of the Organisation of the Islamic Cooperation (OIC) (Saudi Arabia, Malaysia, Pakistan, United Arab Emirates, Turkey, and Bangladesh). The study...

This paper analyzes the initial impact and recovery of globally engaged firms from the COVID-19 crisis. It uses rich survey data of nearly 65,000 firm-year observations in 45 countries spanning three waves of data collection. The findings are organized in a series of stylized facts, which...

Purpose - This study examines the causal relationship between exports and economic growth in sub-Saharan African (SSA) countries during the period 1980 to 2017. The study also examines whether the causality between these two macroeconomic variables depends on the countries' stage of development...