Does Tobin’s q Matter for a Firm’s Choice of Globalization Mode?
Naoto Jinji,
Xingyuan Zhang () and
Shoji Haruna ()
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Xingyuan Zhang: Okayama University
Shoji Haruna: Okayama University
Chapter Chapter 4 in Deep Integration, Global Firms, and Technology Spillovers, 2022, pp 49-69 from Springer
Abstract:
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.
Date: 2022
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Working Paper: Does Tobin's q Matter for Firms' Choices of Globalization Mode? (2011) 
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DOI: 10.1007/978-981-16-5210-3_4
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