Foreign firm entry in an open economy: the case of Portugal

• Tipo: Artigo em Revista Científica Internacional
• Data: 2004

Autores

Barbosa, N (Autor) Outra; Paulo Guimaraes (Autor) Outra; Woodward, D (Autor) Outra

Revista

Título: Applied Economics

Vol. 36

Páginas: 465-472

ISSN: 0003-6846

Editora: Taylor & Francis

Indexação

ISI Web of Knowledge - 21 Citações

Scopus - 25 Citações

Classificação Científica

FOS: Ciências sociais > Outras ciências sociais

Outras Informações

ID Authenticus: P-000-B6Q

DOI: 10.1080/00036840410001682160

Abstract (EN): The purpose of this paper is to analyse the entry process of foreign direct investment (FDI) in Portuguese industrial sectors. Portugal presents an interesting case where firms enter to take advantage of export opportunities. The results suggest that foreign firms possess the ability to overcome existing entry barriers that affect domestic firms. Apparently, foreign firms have different expectations about profitability than domestic firms, possibly due to foreign firms' export-orientation to the rest of the European Union (EU). They appear to desire industries where other foreign firms have clustered. Above all, it appears that these foreign firms enter industries to exploit Portugal's chief location advantage in Western Europe: low wages. Portugal's FDI experience is relevant to other countries that have opened their economies to greater trade and investment and attracted export-oriented firms.

Idioma: Inglês

Tipo (Avaliação Docente): Científica

Nº de páginas: 8