In this paper, we analyze the existence of firm owned export channels as a response to the firm's specificities. The different theories justifying the internalization of such channels have shown, as well, that the larger the amount of exports the more likely the firm will establish its own...

This paper investigates the decision to export with a proprietary exports channel by Spanish manufacturing firms. The research focuses on the effects of organizational capabilities versus scale economies on the vertical integration decision, and postulates a system of two simultaneous equations...

This work is twofold. On the one hand, we analyze the presence of strategic groups in four sectors (machinery and equipment, chemicals, metal products and textiles) in 14 countries in Latin America and the Caribbean. On the other hand, estimate the efficiency of companies and their countries of...

Este trabajo realiza un análisis descriptivo de la estructura financiera de las empresas españolas en las dos últimas décadas del siglo XX (1982-1999). Partiendo de la información contenida en la Central de Balances del Banco de España, se pone de manifiesto la importancia que tiene el...

The growth in the outsourcing of services has become one of the most relevant features of the changes in manufacturing firms’ behaviour. This paper provides empirical evidence about the extent and evolution of services outsourcing by Spanish manufacturing firms in 1990-1998. A general increase...

Over the last decade, Ecuador experienced inclusive growth fueled by a favorable external environment that financed a vast expansion of the public sector. The country is now facing severe external and fiscal challenges due to the significant extended fall in oil prices and the appreciation of...