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Weltwirtschaftliches Archiv

, Volume 131, Issue 2, pp 339–358 | Cite as

A multidimensional analysis of the international performance of U.S. manufacturing industries

  • Robert A. Blecker
  • Robert M. Feinberg
Articles

Abstract

A Multidimensional Analysis of the International Performance of U.S. Manufacturing Industries. — This study analyzes the determinants of three alternative measures of the international performance of U.S. manufacturing industries: export shares, the average number of foreign markets served, and the intensity of foreign direct investment. The factors affecting these three variables and various interactions among them are estimated econometrically using a sample of 37 U.S. industries. Overall, variables reflecting industrial organization, technological innovation, and scale economies are found to be more significant than traditional factor-proportions or labor-cost factors in explaining U.S. manufacturing performance in overseas markets.

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Zusammenfassung

Eine multidimensionale Analyse der internationalen Leistung von US-amerikanischen Industrien. — Die Verfasser untersuchen die Bestimmungsgründe von drei verschiedenen Maßen für die internationale Leistung der amerikanischen verarbeitenden Industrie: Exportanteile, die durchschnittliche Zahl der bedienten ausländischen Märkte und die Intensität ausländischer Direktinvestitionen. Die Faktoren, welche diese drei Variablen beeinflussen, und verschiedene Wechselbeziehungen zwischen ihnen werden ökonometrisch geschätzt unter Verwendung von Daten aus 37 US-Industriezweigen. Insgesamt erweisen sich die Variablen, die die industrielle Organisation, technische Innovation und Skalenerträge widerspiegeln, als signifikanter bei der Erklärung der Leistung von US-Industrien auf überseeischen Märkten als die traditionellen Ansätze mit Faktorproportionen oder Arbeitskosten.

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Copyright information

© Institut fur Weltwirtschaft an der Universitat Kiel 1995

Authors and Affiliations

  • Robert A. Blecker
  • Robert M. Feinberg

There are no affiliations available

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