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Location, profitability, and international trade liberalization in European textile-clothing firms
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Location, profitability, and international trade liberalization in European textile-clothing firms
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| dc.contributor.author | Puig, Francisco | |
| dc.contributor.author | Debón, Ana | |
| dc.contributor.author | Cantarero, Santiago | |
| dc.contributor.author | Marques, Helena | |
| dc.date.accessioned | 2023-11-15T17:08:48Z | |
| dc.date.available | 2023-11-15T17:08:48Z | |
| dc.date.issued | 2023 | |
| dc.identifier.uri | https://hdl.handle.net/10550/91200 | |
| dc.description.abstract | In the European traditional manufacturing sector (TMS), there is a vigorous debate concerning the real impact of international trade liberalization on firm profitability. Based on firm-level data from five European countries, we analyze how location, productive subsector, and firm characteristics are associated with the profitability of the European textile-clothing industry in the pre- and post-trade liberalization period. Our results reveal that the externalities derived from geographical proximity were diluted after international trade liberalization. Moreover, larger companies and those that focus on high-added-value products, as represented by Northern European firms, show a stronger association with profitability. Accordingly, this observation calls into question the future of some TMS activities in a globalized world. Therefore, manufacturing strategies and industrial policies should be location- and context-specific. | |
| dc.language.iso | eng | |
| dc.relation.ispartof | Economic Modelling, 2023 | |
| dc.source | Puig, Francisco Debón, Ana Cantarero, Santiago Marques, Helena 2023 Location, profitability, and international trade liberalization in European textile-clothing firms Economic Modelling. https://doi.org/10.1016/j.econmod.2023.106563 | |
| dc.subject | indústria tèxtil | |
| dc.title | Location, profitability, and international trade liberalization in European textile-clothing firms | |
| dc.type | journal article | |
| dc.date.updated | 2023-11-15T17:08:48Z | |
| dc.identifier.doi | 10.1016/j.econmod.2023.106563 | |
| dc.identifier.idgrec | 162085 | |
| dc.rights.accessRights | open access |
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