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 …

indirect effects of foreign direct investment on measured firm level productivity depend on a number of firm specific features …

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. …

firms, and the fact that larger firms supply more products than smaller firms, implies that standard productivity measures … are not independent of demand system assumptions and probably dramatically understate the relative productivity of the …

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 …

, 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 …