Bergin, Paul R. (contributor); Glick, Reuven (contributor); … - 2004 - [Elektronische Ressource]
exported but there
are fixed costs of exporting
X
f for any good, which are borne by the exporting firm.
20
Traded goods … sector i receives a new draw X
it
of its potential log
productivity level at time t, and that the actual technology used is … given by the best draw
so far to date, max{X
i0
, X
i1
,…,X
iT
}. Clearly, sectoral productivities are then nondecreasing …