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International Trade and Firm Performance

In: Managerial Decision Making

Author

Listed:
  • Jeffrey Yi-Lin Forrest

    (Slippery Rock University)

  • Jeananne Nicholls

    (Slippery Rock University)

  • Kurt Schimmel

    (Slippery Rock University)

  • Sifeng Liu

    (Nanjing University of Aeronautics & Astronautics)

Abstract

Based on the exponentially growing literature in recent years on international trade and firm performance, this chapter presents a general theory for this area based on systemic logic and game theory. Based on two theorems on the dynamics of the domestic market established in the previous chapters, we pay attention to results on exports to either less developed or advanced markets. Then, formulated is a general theory regarding international trade (exports and imports) that includes selected indices of firm performance (productivity, profitability, wages, and survival). In addition to confirming empirical findings in the literature, this chapter also delineates some suggestions for future research. The systemic thinking this chapter introduces into the study of international trades is expected to provide a much needed framework for public debates and policy decision-making.

Suggested Citation

  • Jeffrey Yi-Lin Forrest & Jeananne Nicholls & Kurt Schimmel & Sifeng Liu, 2020. "International Trade and Firm Performance," Springer Books, in: Managerial Decision Making, chapter 0, pages 211-232, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-28064-2_10
    DOI: 10.1007/978-3-030-28064-2_10
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