This paper develops a micro-simulation framework for multinational entry and sales activities across countries. The model is based on Eaton, Kortum, and Kramarzs (2010) quantitative trade model adapted towards multinational production. Using micro data on Japanese manufacturing firms, we...

This paper investigates the effect of exogenous entry barriers on productivity growth, using an R&D-based endogenous growth model. When firms are heterogeneous in their innovation efficiency levels, we found that a reduction in entry costs lowers the relative importance of a selection mechanism...

This paper examines the relationship between business dynamics (entry and exit of firms) and employment growth at the country-industry level. We use a cross-country data set with harmonized data on numbers of entries and exits for a selection of fast-growing and innovative industries in six...