consistent with the pattern of productivity, exports and MP across firms. Counterfactual experiments suggest that there are …This paper presents and estimates a dynamic model of multinational production (MP) and exports with heterogeneous firms … productivity. The model is structurally estimated using firm-level Indonesian manufacturing data. The results are broadly …

markets. This approach explains a variety of features exhibited in disaggregated trade data, including the higher productivity … industry and firm productivity. …

determine heterogeneity across firms in size and productivity in the same industry. We then incorporate these organisational … increase in aggregate productivity of an industry depending on which of these margins dominate. Trade may trigger firms to opt …

region productivity premium. Using a model of heterogeneous firms that can move between regions, Baldwin and Okubo (2006 … regions from both ends of the productivity distribution. Firms with high capital intensity and high productivity as well as … firms with very low productivity and low capital intensity tend to relocate to the core. We use Japanese micro data to …

productivity premium. Using a model of heterogeneous firms that can move between regions, Baldwin and Okubo (2006) show how more … intensive. As a result, our model can produce sorting to the large regions from both ends of the productivity distribution …. Firms with high capital intensity and high productivity as well as firms with very low productivity and low capital …

between firm size, scope and productivity. More efficient firms become exporters, but not all exporters are large and not all …

markets. This approach explains a variety of features exhibited in disaggregated trade data, including the higher productivity … industry and firm productivity. …

, scope, and productivity. In the model, firms are heterogeneous in how well they cope with expanding their product range. The …-discount puzzle" found in the data. Globalization induces a merger wave that leads to an improvement in average productivity. This … improvement is not due to selection effects but rather due to product-level productivity effects. The model predicts that …

productivity”, defined as firms' ability to develop high-quality products spending small fixed outlays. The distinction between … these two sources of productivity, together with the assumption that iceberg trade costs decrease with quality, delivers … productivity”, which is how we denote the standard concept of productivity as modeled in the literature. The second one is “product …

quality. We model theoretically the effects of real exchange rate changes on the optimal price and quantity responses of firms … that export multiple products with heterogeneous levels of quality. The model shows that the elasticity of demand perceived … by exporters decreases with a real depreciation and with quality, leading to more pricing-to-market and to a smaller …