Fernandes, Ana Margarida; Klenow, Peter J.; Meleshchuk, … - 2018
Is the variation in bilateral trade flows across countries primarily due to differences in the number of exporting … estimation and quantitative implications of the Melitz (2003) trade model? The benchmark Melitz model with Pareto … evident in the EDD. The paper then studies the implications of our findings for quantitative trade theory. Using likelihood …