. Participation of emerging economies in world trade and longer-distance trade between countries contribute to this usage increase …

and space and for predicting the effects of globalization shocks …

the productivity effect of changes in international frictions both within and across firms …

This chapter was prepared for the Handbook of International Economics (Vol. 5) edited by Gita Gopinath, Elhanan Helpman …-dimensional connections between globalization and innovation. We develop a model that features many of those mechanisms that connect trade and … innovation. It features the joint selection of firms into innovation and international market participation (in our model, we …

evidence on the bonding, segmentation, and market timing theories of internationalization. Using new data on 9,096 firms across … 74 countries over the period 1989-2000, we find that Tobin's "q" does not rise after internationalization, even relative … to firms that do not internationalize. Instead, "q" rises significantly one year before internationalization and during …

This paper provides a general and unified framework to study the role of production networks in international GDP …

evidence on the bonding, segmentation, and market timing theories of internationalization. Using new data on 9,096 firms across … 74 countries over the period 1989-2000, we find that Tobin's "q" does not rise after internationalization, even relative … to firms that do not internationalize. Instead, "q" rises significantly one year before internationalization and during …

What is the impact of firms that cross-list, issue depositary receipts, or raise capital in international stock markets …-2000, we find that internationalization reduces the liquidity of domestic firms through two channels. First, the trading of … international firms migrates from domestic to international markets and the reduction in domestic liquidity of international firms …

,' which are about 60 percent of world output. Given all the attention that 'globalization' has received from scholars … over the last two decades, but it was still, in 1990, only about 7 percent of world output. The share was higher, at 15 …, international organizations, and the press, these numbers are a reminder of how large a proportion of economic activity is confined …