Firm Performance in a Global Market

Jan De Loecker and Pinelopi Goldberg

Annual Review of Economics, 2014, vol. 6, issue 1, 201-227

Abstract: In this article, we introduce an empirical framework to analyze how firm performance is affected by increased globalization. Using this framework, we discuss recent work on measuring the impact of various shocks firms face in the global marketplace, such as reductions in trade costs (through lowering tariffs and abolishing quotas). Our analytical framework nests most empirical approaches to estimating the impact of trade and industrial policies on firms active in international markets. We identify outstanding issues surrounding the identification of the underlying mechanisms and conclude with suggestions for future research.

Keywords: productivity; markups; pass-through; trade reforms (search for similar items in EconPapers)
JEL-codes: D2 D4 F00 L1 (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (185)

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Related works:
Working Paper: Firm performance in a global market (2013)
Working Paper: Firm Performance in a Global Market (2013)
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