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

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

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

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

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

between firm size, scope and productivity. More efficient firms become exporters, but not all exporters are large and not all …

, 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 …

, scope, and productivity. In the model, firms are heterogeneous in how well they cope with expanding their product range. The …-discount puzzle" found in the data. Globalization induces a merger wave that leads to an improvement in average productivity. This … improvement is not due to selection effects but rather due to product-level productivity effects. The model predicts that …