Giovanni, Julian di; Levchenko, Andrei A. - Research Seminar in International Economics, University … - 2009
of imports accounts for only about 3.5% of the total gains from a 10% reduction in trade barriers in our model. This is … extensive margin of imports accounts
for only about 3.5% of the total gains from a 10% reduction in trade barriers in our model …: F12, F15
Keywords: Zipf’s Law, welfare, entry costs, trade barriers
We are grateful to Francesc Ortega, Romain Ranci …