National Bank of Belgium: Export entry and network interactions: Evidence from the Belgian production network
O Banco Nacional da Bélgica acaba de lançar um estudo da autoria de Emmanuel Dhyne, Philipp Ludwig and Hylke Vandenbussche , designado "Export entry and network interactions: Evidence from the Belgian production network", que destaca a importância das redes ("networks) na atividade das empresas exportadoras, sobretudo ao nível das pequenas e médias empresas, e na seleção nos modos de entrada em mercados internacionais: "Despite continued trade liberalization only 4-5% of firms export products to foreign markets. This low rate of export participation reflects the immense challenges exporters face when trying to access foreign markets. Complying with customs procedures and tailoring products to local demand creates large up-front costs which act as an entry barrier and prevent most firms from becoming exporters. A vast literature in international trade has therefore singled out firm productivity as the key determinant to understand low export participation, since onl...