"We use firm-level data for U.S. multinational enterprises (MNE) and the model of firm heterogeneity first presented in Helpman, Melitz, and Yeaple (2004) to make four empirical contributions. First, we show that the most productive U.S. firms invest in a larger number of foreign countries and...

Intro -- Contents -- Acknowledgments -- Introduction -- 1 Technology, Innovation, and Productivity in the Information Age -- 2 Measuring the Information Economy -- 3 IT's Contributions to Productivity and Economic Growth -- 4 Business Practices That Enhance Productivity -- 5 Organizational...

Partnering with the Census we implement a new survey of "structured" management practices in 32,000 US manufacturing plants. We find an enormous dispersion of management practices across plants, with 40% of this variation across plants within the same firm. This management variation accounts for...