This paper examines how trade liberalization affects the innovation incentives of firms, and what this implies for industry productivity. For...

We use Japanese microdata to examine how financial market frictions affect foreign direct investment (FDI). The Japanese land price bubble and...

We merge German balance-of-payments and foreign-affiliate-trade statistics to obtain data about trade in commercial services at the firm...

This paper examines empirically whether governments behave strategically when setting corporate tax rates and tax bases, and – if so – how...

We construct a model of trade with heterogeneous retailers to examine the effects of trade liberalization on retail market structure, imports...

We examine how foreign ownership of a firm affects the variety of goods that the firm exports and the number of countries it trades with. We...

This paper studies why multinational firms often share ownership of a foreign affiliate with a local partner even in the absence of government...

This paper uses an oligopoly model with heterogeneous firms to examine how an industry adjusts to rising import competition. The model...

We use Japanese firm-level data to examine how a firm’s productivity affects its foreign-market entry strategy. The firm faces a choice...

We develop a general-equilibrium model to capture key features of the retailing and of the manufacturing industry in order to understand how...

We use unique plant-level data to study the link between the local availability of services and the decision of manufacturing firms to source...

We examine the effect of exchange-rate misalignments on competition in the market for large commercial aircraft. This market is a duopoly...

This paper investigates the implications for international markets of the existence of retailers/wholesalers with market power. Two main...

This paper investigates the implications for international markets of the existence of retailers/wholesalers with market power. Two main...

This paper studies why multinational firms often share ownership of a foreign affiliate with a local partner even in the absence of government...

This paper argues that the large reduction in corporate tax rates and only gradual widening of tax bases in many countries over the last...

We develop a general-equilibrium model to capture key features of the retailing and of the manufacturing industry in order to understand how...

We examine how foreign ownership of a firm affects the variety of goods that the firm exports and the number of countries it trades with. We...

This paper examines how trade liberalization affects the innovation incentives of firms, and what this implies for industry productivity and...