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We use Japanese firm-level data to examine how a firm’s productivity affects its choice of foreign-market entry strategy. We study a sequence of decisions, starting with the choice between exporting and foreign direct investment (FDI). In the case of FDI, the firm faces two options: greenfield...
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1 Introduction and Overview (Ryuhei Wakasugi) -- 2 Features of Japanese Internationalized Firms: Findings Based on Firm-Level Data (Ryuhei Wakasugi, Banri Ito, Toshiyuki Matsuura, Hitoshi Sato, Ayumu Tanaka and Yasuyuki Todo) -- 3 Heterogeneity and the Structure of Export and FDI: A...
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