Firm Performance in a Global Market

Posted: 8 Aug 2014

See all articles by Jan De Loecker

Jan De Loecker

Princeton University - Department of Economics; National Bureau of Economic Research (NBER); Centre for Economic Policy Research (CEPR)

Pinelopi Koujianou Goldberg

Princeton University; National Bureau of Economic Research (NBER)

Multiple version iconThere are 2 versions of this paper

Date Written: August 2014

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.

Suggested Citation

De Loecker, Jan and Goldberg, Pinelopi Koujianou, Firm Performance in a Global Market (August 2014). Annual Review of Economics, Vol. 6, pp. 201-227, 2014, Available at SSRN: https://ssrn.com/abstract=2477750 or http://dx.doi.org/10.1146/annurev-economics-080113-104741

Jan De Loecker (Contact Author)

Princeton University - Department of Economics ( email )

Princeton, NJ 08544-1021
United States

National Bureau of Economic Research (NBER) ( email )

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

HOME PAGE: http://pages.stern.nyu.edu/~jdeloeck/

Centre for Economic Policy Research (CEPR) ( email )

London
United Kingdom

Pinelopi Koujianou Goldberg

Princeton University ( email )

22 Chambers Street
Princeton, NJ 08544-0708
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

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