International Trade and Firm Performance
Jeffrey Yi-Lin Forrest,
Jeananne Nicholls,
Kurt Schimmel and
Sifeng Liu
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Jeffrey Yi-Lin Forrest: Slippery Rock University
Jeananne Nicholls: Slippery Rock University
Kurt Schimmel: Slippery Rock University
Sifeng Liu: Nanjing University of Aeronautics & Astronautics
Chapter Chapter 10 in Managerial Decision Making, 2020, pp 211-232 from Springer
Abstract:
Abstract Based on the exponentially growing literature in recent years on international trade and firm performance, this chapter presents a general theory for this area based on systemic logic and game theory. Based on two theorems on the dynamics of the domestic market established in the previous chapters, we pay attention to results on exports to either less developed or advanced markets. Then, formulated is a general theory regarding international trade (exports and imports) that includes selected indices of firm performance (productivity, profitability, wages, and survival). In addition to confirming empirical findings in the literature, this chapter also delineates some suggestions for future research. The systemic thinking this chapter introduces into the study of international trades is expected to provide a much needed framework for public debates and policy decision-making.
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-28064-2_10
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DOI: 10.1007/978-3-030-28064-2_10
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