Firm Heterogeneity, Exporting and Foreign Direct Investment: A Survey

University of Nottingham Research Paper Series No. 2005/32

44 Pages Posted: 6 Dec 2005

See all articles by Richard Kneller

Richard Kneller

University of Nottingham

David Greenaway

University of Nottingham - School of Economics

Date Written: December 2005

Abstract

A new literature on firm heterogeneity and firm level globalisation strategies has developed rapidly over the last decade. New insights on why some firms export and others do not, why some firms fail to survive in export markets and why some choose to produce overseas rather than export have been generated. This paper provides a survey and evaluation of this literature. It reviews both new theories of the firm in an open economy context and the extensive microeconometric evidence base which has now developed. As well as highlighting the implications of this evidence base for policy, the evaluation also includes an assessment of how the research agenda may evolve in the future.

Keywords: Firm Heterogeneity, Exporting and Foreign Direct Investment

JEL Classification: F14, F23

Suggested Citation

Kneller, Richard and Greenaway, David, Firm Heterogeneity, Exporting and Foreign Direct Investment: A Survey (December 2005). University of Nottingham Research Paper Series No. 2005/32 , Available at SSRN: https://ssrn.com/abstract=863964 or http://dx.doi.org/10.2139/ssrn.863964

Richard Kneller

University of Nottingham ( email )

University Park
Nottingham, NG8 1BB
United Kingdom

David Greenaway (Contact Author)

University of Nottingham - School of Economics ( email )

University Park
Nottingham, NG7 2RD
United Kingdom
+44 115 951 5469 (Phone)
+44 115 951 4159 (Fax)

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