Behrens, Kristian; Mion, Giordano; Murata, Yasusada; … - 2021
endogenously determined wages. Trade integration favors wage convergence, intensifies competition, and forces the least efficient … firms to leave the market, thereby affecting aggregate productivity. Since wage and productivity responses are endogenous …' border effect, relative and absolute wage effects, and a selection effect. Using the estimated parameter values, we then …