Conditions and Determinants of the Internationalization of Latin American Industrial Enterprises
DOI:
https://doi.org/10.21678/apuntes.75.716Keywords:
Latin America, industrial enterprises, exports, information technology, internationalization, logit modelAbstract
In the last ten years, there has been a marked increase in the number of Latin American companies that offer their products on international markets. The objective of this study is to explore quantitatively the conditions and determinants that have allowed for this international expansion of Latin American industrial enterprises in 2010, using a logit model on a sample of 196,000 companies. Estimates indicate that specific assets such as technological capacity and sectorial characteristics (geographic location and branch of economic activity) are the factors that have had the greatest influence on export performance.
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