This chapter reviews the empirical economics literature on the impact of trade liberalization
on firms' innovation-related outcomes. We define and examine four types of shocks to trade …

Over the last decade the World Management Survey (WMS) has collected firm-level
management practices data across multiple sectors and countries. We developed the survey …

We document the evolution of market power based on firm-level data for the US economy
since 1955. We measure both markups and profitability. In 1980, aggregate markups start to …

The ratio estimator of the markup is the ratio of the output elasticity for a flexible input to that
input's cost share in total revenue. We highlight identification and estimation issues …

We study the effects of becoming a supplier to multinational corporations (MNCs) using tax
data tracking firm-to-firm transactions in Costa Rica. Event study estimates reveal that …

We develop a quantifiable multi-country sourcing model in which firms self-select into
importing based on their productivity and country-specific variables. In contrast to canonical …

In this paper, we empirically investigate whether trade liberalization affects markup
dispersion, a potential source of resource misallocation. The identification uses China's …

Research in international trade has changed dramatically over the last twenty years, as
attention has shifted from countries and industries towards the firms actually engaged in …

We examine the effects of trade liberalization in China on the evolution of markups and
productivity of manufacturing firms. Although these dimensions of performance cannot be …

The web of global economic connections is growing deeper, broader, and more intricate. Yet
much of the public discussion surrounding globalization is stuck on the narrow topic of trade …