Dalgic, Basak; Fazlioglu, Burcu; Gasiorek, Michael - 2015
variable and sunk costs between exporters and importers across different categories of imports. The authors use a rich and … importers. The results suggest that the nature of sunk costs varies between importing and exporting activities with importers … facing higher sunk costs. Tariffs represent a potentially important source of variation in the variable costs of trading …