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and space and for predicting the effects of globalization shocks …
Persistent link: https://www.econbiz.de/10012479754
A growing literature seeks to understand how the characteristics of firms shape the manner in which they serve foreign markets. We consider an environment in which multiproduct firms can sell their products in multiple countries from multiple locations. We show that there are strong empirical...
Persistent link: https://www.econbiz.de/10012459495
Internationalized production, that is, production in a country controlled by firms based in another country, grew from about 4.5% of world output in 1970 to over 7% in 1995. The importance of internationalized output fell substantially in developing countries until around 1990 but has been been...
Persistent link: https://www.econbiz.de/10012472403
We introduce a general quantifiable framework to study the location decisions of multinational firms. In the model, firms choose in which locations to pay the fixed costs of setting up production, taking into account potential complementarities among production locations. The firm's location...
Persistent link: https://www.econbiz.de/10014437008
We investigate whether productivity differences explain why some manufacturers sell only to the domestic market while others serve foreign markets through exports and/or FDI. When overseas production offers no cost advantages, our model predicts that investors should be more productive than...
Persistent link: https://www.econbiz.de/10012468642
-dimensional connections between globalization and innovation. We develop a model that features many of those mechanisms that connect trade and …
Persistent link: https://www.econbiz.de/10012794638
Innovation in SMEs exhibits some peculiar features that most traditional indicators of innovation activity do not … Italian SMEs from the "Survey on Manufacturing Firms" conducted by Mediocredito-Capitalia covering the period 1995-2003. The … process innovation. Among SMEs, larger and older firms seem to be less productive …
Persistent link: https://www.econbiz.de/10012464055
Globalization and robotics (globotics) are transforming the world economy at an explosive pace. While much of the …
Persistent link: https://www.econbiz.de/10012479255
Specialization alters the incidence of manufacturing trade costs to buyers and sellers, with pro-and anti-globalizing effects on 76 countries from 1990-2002. The structural gravity model yields measures of Constructed Home Bias (the ratio of predicted local trade to predicted frictionless local...
Persistent link: https://www.econbiz.de/10012462358
We develop a theory of multiproduct firms to analyze the effects of globalization on the distributions of firm size … have lower values of Tobin's Q than small firms. Second, it explains the globalization-skewness puzzle documented in the … our model, globalization not only affects the distribution of observed productivities but also productivity at the firm …
Persistent link: https://www.econbiz.de/10012466343