@article{56293,
  abstract     = {{<jats:title>Abstract</jats:title><jats:p>High‐performance firms typically have two features in common: (i) they produce in more than one country and (ii) they produce more than one product. In this paper, we analyze the internationalization strategies of multi‐product firms. Guided by several new stylized facts, we develop a theoretical model to determine optimal modes of market access at the firm–product level. We find that the most productive firms sell core varieties via foreign direct investment and export products with intermediate productivity. Shocks to trade costs and technology affect the endogenous decision to export or produce abroad at the product‐level and, in turn, the relative productivity between parents and affiliates.</jats:p>}},
  author       = {{Baumgarten, Daniel and Irlacher, Michael and Mayr‐Dorn, Karin}},
  issn         = {{0008-4085}},
  journal      = {{Canadian Journal of Economics/Revue canadienne d'économique}},
  number       = {{4}},
  pages        = {{1929--1965}},
  publisher    = {{Wiley}},
  title        = {{{Internationalization strategies of multi‐product firms: The role of technology}}},
  doi          = {{10.1111/caje.12626}},
  volume       = {{55}},
  year         = {{2022}},
}

@article{56303,
  abstract     = {{<jats:title>Abstract</jats:title><jats:p>We analyze how foreign direct investment (FDI) affects employment security using administrative microdata for German employees. Measuring FDI intensity at the industry level enables us to take into account the sum of direct effects at multinationals as well as indirect effects of FDI throughout the affected industry. We find that both inward and outward FDI significantly reduce employment security. This is particularly the case for inward FDI coming from the western part of the European Union as well as for outward FDI going to Central and Eastern Europe. The effects are sizeable for older and low‐skilled workers.</jats:p>}},
  author       = {{Bachmann, Ronald and Baumgarten, Daniel and Stiebale, Joel}},
  issn         = {{0008-4085}},
  journal      = {{Canadian Journal of Economics}},
  number       = {{3}},
  pages        = {{720--757}},
  publisher    = {{Wiley}},
  title        = {{{Foreign direct investment, heterogeneous workers and employment security: Evidence from Germany}}},
  doi          = {{10.1111/caje.12094}},
  volume       = {{47}},
  year         = {{2014}},
}