This paper proposes that quality differentiation is an important feature of the operations of multi-product firms. We … levels. Firms' core competency is in varieties of superior quality that bring higher sales despite being more expensive …. Using detailed customs data for China, we establish four new stylized facts consistent with this model. First, firms earn …

globalization. Using this framework we discuss recent work on measuring the impact of various shocks firms face in the global … most empirical approaches to estimating the impact of trade and industrial policies on firms active in international …

Many economic decisions involve a binary choice - for example, when consumers decide to purchase a good or when firms …

network in firm performance. We develop a simple model where firms can outsource tasks and search for suppliers in different … locations. Low search and outsourcing costs lead firms to search more and find better suppliers. This in turn drives down the … Japan which lowered the cost of passenger travel but left shipping costs unchanged. Using an exhaustive dataset on firms …

. Aggregate exports to destinations with high shares of indirect exports are much less responsive to changes in the real exchange … rate than are exports to countries served primarily by direct exporters. …

Two otherwise identical firms that enter the same market in different months, one in January and one in December, will … partial year bias is very large: the average level of first-year exports of new exporters is understated by 65 percent and the … number of small firms in the firm size distribution and weakens the negative relationship between firm growth and firm size. …

markets because they offer higher export profits. This generates a pecking order of destinations such that firms serve all …