We investigate the factors behind the recent decline in the U.S. share of world merchandise exports in an attempt to … determine how big a role the changing productivity of U.S. firms has played. We do so against the backdrop of a measure of cost …

examine how trade liberalization affects firm and industry productivity, as well as social welfare. We identify four effects … of trade liberalization on productivity: (i) a direct effect through changes in R&D investment; (ii) a scale effect due …

We use Japanese firm-level data to examine how a firm?s productivity affects its choice of foreign-market entry …

face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …

productivity premium. Using a model of heterogeneous firms that can move between regions, Baldwin and Okubo (2006) show how more … intensive. As a result, our model can produce sorting to the large regions from both ends of the productivity distribution …. Firms with high capital intensity and high productivity as well as firms with very low productivity and low capital …

. Globalization is shown to induce heterogeneous responses across firms in terms of scope and productivity, some of which are …

examine how trade liberalization affects firm and industry productivity, as well as social welfare. We identify four effects … of trade liberalization on productivity: (i) a direct effect through changes in R&D investment; (ii) a scale effect due …

markets. This approach explains a variety of features exhibited in disaggregated trade data, including the higher productivity … industry and firm productivity. …

industry productivity and social welfare. For this purpose we develop a reciprocal dumping model of international trade with … heterogeneous firms and endogenous R&D. We identify two effects of trade liberalization on productivity: a direct effect through … low (high) trade costs; (ii) increases expected industry productivity; and (iii) raises expected social welfare if trade …