Quotation Foster-McGregor, Neil, Isaksson, Anders, Kaulich, Florian. 2013. Outward Foreign Direct Investment, Exporting and Firm-Level Performance in Sub-Saharan Africa. wiiw Working Paper No. 97, Vienna Institute for International Economic Studies (wiiw).


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Abstract

This paper adds to the small but growing literature that considers a relationship between the way a firm serves foreign markets and its subsequent performance. The current paper is the first to consider this issue for a sample of sub-Saharan African countries and includes data on both manufacturing and services firms. Results from a number of parametric and non-parametric tests for manufacturing industries indicate that there is a clear productivity ordering with firms undertaking outward FDI performing best, followed by exporters with domestically oriented firms performing least well. The results for services firms are more nuanced and indicate that while exporters and firms undertaking outward FDI are more productive than domestically oriented firms, there is no significant difference in productivity between these two types of firms. Despite this, average productivity and point estimates from the regression analysis on services firms suggest that the productivity of exporting firms is larger than that for firms undertaking outward FDI.

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Publication's profile

Status of publication Published
Affiliation WU
Type of publication Working/discussion paper, preprint
Language English
Title Outward Foreign Direct Investment, Exporting and Firm-Level Performance in Sub-Saharan Africa
Title of whole publication wiiw Working Paper No. 97, Vienna Institute for International Economic Studies (wiiw)
Year 2013
URL http://wiiw.ac.at/outward-foreign-direct-investment-exporting-and-firm-level-performance-in-sub-saharan-africa-p-2981.html
JEL F14, F21

Associations

People
Kaulich, Florian (Details)
External
Foster-McGregor, Neil (WIIW, Austria)
Isaksson, Anders (UNIDO, Austria)
Organization
Institute for International Economics and Development IN (Details)
Research areas (Ă–STAT Classification 'Statistik Austria')
5300 Economics (Details)
5334 Political economic policy (Details)
5344 Foreign trade (Details)
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