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Does Tobin’s q Matter for a Firm’s Choice of Globalization Mode?

In: Deep Integration, Global Firms, and Technology Spillovers

Author

Listed:
  • Naoto Jinji

    (Kyoto University)

  • Xingyuan Zhang

    (Okayama University)

  • Shoji Haruna

    (Okayama University)

Abstract

For the last two decades, sorting of firms by productivity into different modes of globalization has been well documented both theoretically and empirically in the trade literature. Melitz (2003) presents a model in which the most productive firms export goods to foreign markets, whereas less productive firms supply goods only to their domestic market.

Suggested Citation

  • Naoto Jinji & Xingyuan Zhang & Shoji Haruna, 2022. "Does Tobin’s q Matter for a Firm’s Choice of Globalization Mode?," Advances in Japanese Business and Economics, in: Deep Integration, Global Firms, and Technology Spillovers, chapter 0, pages 49-69, Springer.
  • Handle: RePEc:spr:advchp:978-981-16-5210-3_4
    DOI: 10.1007/978-981-16-5210-3_4
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    Cited by:

    1. KWON Hyeog Ug, 2012. "Offshoring of Japanese Small and Medium Enterprises (Japanese)," Discussion Papers (Japanese) 12004, Research Institute of Economy, Trade and Industry (RIETI).

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