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Firm-level Analysis of Globalization: A Survey of the Eight Literatures
This paper presents an extensive review of empirical studies that analyze the various impacts of the globalization phenomenon on corporate activities, using micro data. First, we set up a flow chart describing how globalization leads to national productivity enhancement. Secondly, we summarize the hypotheses and the methods explored in eight lines of literature on globalization, which this flow chart maps. Thirdly, we illustrate rich implication for economic consequences of trade liberalization and then discuss possible avenues for micro-data analyses.