This paper examines the relationship between foreign ownership and productivity, paying particular attention to two … productivity than foreign multinationals, but the difference is less stark in the service sector than in the production sector, and …

and countries. Firms' export decisions depend on a combination of firm “productivity” and firm-product-country “consumer … tastes,' both of which are stochastic and unknown prior to the payment of a sunk cost of entry. Higher-productivity firms … export a wider range of products to a larger set of countries than lower-productivity firms. Trade liberalization induces …