| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP9037 |
| DP9037 Globalization and Multiproduct Firms | |
| Volker Nocke; Stephen Yeaple | |
| 发表日期 | 2012-07-01 |
| 出版年 | 2012 |
| 语种 | 英语 |
| 摘要 | We present an international trade model of multiproduct firms where firms differ in their endowment of managerial resources and in how effectively these resources can be used in making production more efficient. The model gives rise to a trade-off between conglomerate and specialization strategies of firms, yielding testable predictions on the relationship between firm size, scope and productivity. More efficient firms become exporters, but not all exporters are large and not all large firms export. Following a trade liberalization, non-exporters experience a fall in their market-to-book ratio and consolidate the number of products they manage to lower their marginal costs while the opposite holds for exporters. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Diversification discount Firm heterogeneity Multiproduct firms Productivity Trade liberalization |
| URL | https://cepr.org/publications/dp9037 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/537869 |
| 推荐引用方式 GB/T 7714 | Volker Nocke,Stephen Yeaple. DP9037 Globalization and Multiproduct Firms. 2012. |
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