Firm size and export intensity: a transaction costs and resource-based perspective
This paper presents a transaction costs analysis of the firm size and export intensity relationship. We submit that relation-specific investments and the costs of safeguarding these investments play a significant role in export relationships. Firm size related differences with respect to these factors are used to explain the different relationships between firm size and export intensity that have been found in previous studies. The theoretical framework is tested empirically, and support is found for different industries.
- C44 : Statistical Decision Theory; Operations Research
- D23 : Organizational Behavior; Transaction Costs; Property Rights
- F23 : Multinational Firms; International Business
- M : Business Administration and Business Economics; Marketing; Accounting
- F12 : Models of Trade with Imperfect Competition and Scale Economies
- M31 : Marketing