. Globalization is shown to induce heterogeneous responses across firms in terms of scope and productivity, some of which are …

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

, scope, and productivity. Our model explains two puzzles. First, it explains the well-known size-discount puzzle: large firms … our model, globalization not only affects the distribution of observed productivities but also productivity at the firm …

, 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 …

examine how trade liberalization affects firm and industry productivity, as well as social welfare. We identify four effects … of trade liberalization on productivity: (i) a direct effect through changes in R&D investment; (ii) a scale effect due …

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 …