"This book examines driving factors and the effects of globalisation on economic development through firm and product level data. The book is organised into four themes i.e. productivity, innovation, wage and income gap, and within-firm reallocation of resources. The comprehensiveness and...

Economists have long recognized the gains from international trade. The question is, does international trade - or more broadly, globalization - increase growth? Notwithstanding the debates, there are still many questions, old and new, need to be explored in order to improve our understanding on...

We develop and test a model of the simultaneous determination of global gross fixed capital investments by multinational firms. We integrate a model of multi-product firms choosing optimal manufacturing locations with a model of dynamic investment optimization. Firms adjust capital stocks in...