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

The US has experienced a sustained increase in productivity growth since the mid-1990s, particularly in sectors that … intensively use information technologies (IT). This has not occurred in Europe. If the US quot;productivity miraclequot; is due to … located abroad. This paper shows in fact that US multinationals operating in the UK do have higher productivity than non …

The US has experienced a sustained increase in productivity growth since the mid-1990s, particularly in sectors that … intensively use information technologies (IT). This has not occurred in Europe. If the US "productivity miracle" is due to a … abroad. This paper shows in fact that US multinationals operating in the UK do have higher productivity than non …

, 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 …