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001 pwiiw3305
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008 020131t2002 au ||||| |||| 00| ||eng d
040 _cOSt
041 _aeng
100 1 _aCarlo Padoan, Pier
245 1 0 _aFirms’ Clustering and SEE Export Performance: Lessons from the Italian Experience
260 _aWien :
_bWiener Institut für Internationale Wirtschaftsvergleiche (wiiw),
_c2002.
490 1 _awiiw Balkan Observatory Working Papers
_v21
520 _aLike all transition economies, South Eastern Europe (SEE) countries stand to gain most from an export-led growth. Unfortunately, though, productive structure in these countries is largely made up of small and medium enterprises (SMEs) that, due to their limited size, may face obstacles to gain access to international markets. A possible way out of the conundrum is for SMEs to cluster together and, by sharing the costs of internationalization, jointly tap foreign markets. This approach has been at the heart of the successful export performance of SMEs clustered within Italy’s industrial districts. In this paper we use historical data on Italian exports (in 1971 and 1961) to quantify the boosting effect due to firms’ clustering. In particular, we use detailed data on export classified by sector and by destination country to estimate a panel gravity model on which we compute the firms’ clustering effect. Next, building on the Italian experience we design four scenarios for firms’ clustering in three SEE economies (Bulgaria, Romania and Slovenia). By means of these scenarios and applying the estimated coefficient for firms’ clustering in Italy, we simulate the firms’ clustering effect for the three SEE economies and obtain the gain in export growth over the benchmark case. Results show that an additional export growth between 3% and 11% over a five- year period could be expected.
651 _aBulgaria
651 _aRomania
651 _aSEE
651 _aSlovenia
700 1 _aDe Arcangelis, Giuseppe
700 1 _aFerri, Giovanni
830 0 _v21
_wWIIW0000140
_twiiw Balkan Observatory Working Papers
856 4 0 _uhttps://wiiw.ac.at/p-3305.html
942 _cP
_2z
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