TY - JOUR A1 - Eckel, Carsten A1 - Iacovone, Leonardo A1 - Javorcik, Beata A1 - Neary, J. Peter T1 - Testing the Core‐competency Model of Multi‐product Exporters JF - Review of International Economics N2 - We review the implications of the “core‐competence” model of multi‐product firms, including the “market‐size puzzle”: for most countries, the world market is much larger than the home market, while the costs of accessing foreign markets are relatively low; hence the model predicts that most domestic firms should export more of their core products than they sell domestically; yet, in practice, we do not observe this. Extending the model to allow for investment in export market penetration resolves the puzzle and Mexican data confirm its predictions: in particular, only the largest firms exhibit the dominance of exports over home sales. Y1 - 2016 U6 - https://doi.org/10.1111/roie.12234 VL - 24 IS - 4 SP - 699 EP - 716 ER - TY - JOUR A1 - Iacovone, Leonardo A1 - Eckel, Carsten A1 - Javorcik, Besta A1 - Neary, J Peter T1 - Multi-product firms at home and away: Cost- versus quality-based competence JF - Journal of International Economics Y1 - 2015 U6 - https://doi.org/10.1016/j.jinteco.2014.12.012 VL - 95 IS - 2 SP - 216 EP - 232 ER -