Does Tobin’s q Matter for a Firm’s Choice of Globalization Mode?

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

For the last two decades, sorting of firms by productivity into different modes of globalization has been well documented both theoretically and empirically in the trade literature. Melitz (2003) presents a model in which the most productive firms export goods to foreign markets, whereas less productive firms supply goods only to their domestic market.

Original languageEnglish
Title of host publicationAdvances in Japanese Business and Economics
PublisherSpringer Japan
Pages49-69
Number of pages21
DOIs
Publication statusPublished - 2022

Publication series

NameAdvances in Japanese Business and Economics
Volume26
ISSN (Print)2197-8859
ISSN (Electronic)2197-8867

ASJC Scopus subject areas

  • Business and International Management
  • Finance
  • Economics and Econometrics
  • Strategy and Management

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