Research

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2016
We put forward a framework to evaluate the potential impact of international competition on firm performance, and we highlight two points. First, it is important to consider effects on productive efficiency and market power in an integrated framework. ...
2016
This paper examines how prices, markups and marginal costs respond to trade liberalization. We develop a framework to estimate markups from production data with multi-product firms. This approach does not require assumptions on the market structure or ...
2014
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 ...