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Gorodnichenko, Yuriy - 2015

This paper develops a model of global sourcing with culturally dissimilar countries. Production of final goods requires the coordination of decisions between the headquarter of a multinational firm and managers of their component suppliers. Managers of both units are assumed to have strong...

Persistent link: https://www.econbiz.de/10013022167

Scale, Scope, and the International Expansion Strategies of Multiproduct Firms

Yeaple, Stephen R. - 2013

A growing literature seeks to understand how the characteristics of firms shape the manner in which they serve foreign markets. We consider an environment in which multiproduct firms can sell their products in multiple countries from multiple locations. We show that there are strong empirical...

Persistent link: https://www.econbiz.de/10013079762

Retail Globalization and Household Welfare : Evidence from Mexico

Atkin, David - 2015

The arrival of global retail chains in developing countries is causing a radical transformation in the way that households source their consumption. This paper draws on a new collection of Mexican microdata to estimate the effect of foreign supermarket entry on household welfare. The richness of...

Persistent link: https://www.econbiz.de/10013022592

Coming Apart? Cultural Distances in the United States Over Time

Bertrand, Marianne - 2018

We analyze temporal trends in cultural distance between groups in the US defined by income, education, gender, race, and political ideology. We measure cultural distance between two groups as the ability to infer an individual's group based on his or her (i) media consumption, (ii) consumer...

Persistent link: https://www.econbiz.de/10012915643

Multinational Expansion in Time and Space

Garetto, Stefania; Oldenski, Lindsay; Ramondo, Natalia - 2022

and space and for predicting the effects of globalization shocks …

Persistent link: https://www.econbiz.de/10014106399

Export Versus FDI

Helpman, Elhanan; Melitz, Marc J.; Yeaple, Stephen R. - 2021

This paper builds a multi-country, multi-sector general equilibrium model that explains the decision of heterogeneous firms to serve foreign markets either through exports or local subsidiary sales (FDI). These modes of market access involve different relative costs, some of which are sunk while...

Persistent link: https://www.econbiz.de/10013232882

Expansion Strategies of U.S. Multinational Firms

Hanson, Gordon H.; Mataloni, Raymond J.; Slaughter, … - 2022

Recent theoretical work tends to characterize multinational enterprises as arising through either horizontal or vertical foreign direct investment (FDI). Empirical research tends to find stronger support for the former than for the latter. In this paper, we use recent, detailed data on U.S....

Persistent link: https://www.econbiz.de/10013292461

Global Firms

Bernard, Andrew B. - 2016

Research in international trade has changed dramatically over the last twenty years, as attention has shifted from countries and industries towards the firms actually engaged in international trade. The now-standard heterogeneous firm model posits measure zero firms that compete under...

Persistent link: https://www.econbiz.de/10012981614

The it Revolution and the Globalization of R&D

Branstetter, Lee - 2018

markets. One of the distinguishing features of the R&D globalization phenomenon is its concentration within the software … three important phenomena: (1) the globalization of R&D, (2) the growing importance of software and IT to firm innovation … large quantities of STEM workers who possessed IT and software skills. Our findings support the view that the globalization …

Persistent link: https://www.econbiz.de/10012916620

Innovation, Knowledge Diffusion, and Globalization

Lind, Nelson - 2018

We review a recent body of theoretical literature that links the creation and diffusion of knowledge and technology to openness. We analyze two channels through which the spread of new ideas occurs: international trade and the activity of multinational firms (multinational production). The...

Persistent link: https://www.econbiz.de/10012910654