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There is evidence that better performing firms tend to enter international markets. Internationally active firms are larger, more productive, and pay higher wages than other firms in the same industry. Positive performance effects of engaging in international activity are found especially in...
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There is evidence that better performing firms tend to enter international markets. Internationally active firms are larger, more productive, and pay higher wages than other firms in the same industry. Positive performance effects of engaging in international activity are found especially in...
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productivity; changing comparative advantage of countries; and trade liberalisation. Demand-side factors have played a role, too …. Quantitatively, factors internal to advanced economies, such as productivity growth and changing consumption patterns, explain 70 …
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