Using Japanese firm-level data, I examine whether more productive multinational enterprises (MNEs) invest in a larger number of foreign regions in the manufacturing sector. I employ the Kolmogorov–Smirnov (KS) test to compare the overall distribution of productivity by multinational status. I...

We perform comparative statics for a general model of asymmetric oligopoly and derive a concise formula for the response of one firm to a marginal change in its rival’s strategic variable, taking into account the responses of all other firms. We obtain the conditions under which the sign of...