We develop a heterogeneous-firms model with trade in goods, labor mobility and credit constraints due to moral hazard … trade liberalization. While the former leads to more dispersion of economic activity across space, the latter tends to drive …

This paper develops a model of international trade where firms are heterogeneous across capacity and productivity. A … markets with a flexible competitive structure giving rise to instances where trade and trade liberalization negatively impact …

The aim of this paper is to formalise a two-country model of trade liberalisation and technological change with … production we allow for comparative advantages and study the trade and technology effects within and between sectors on wages and … employment of skilled and low-skilled workers. Technological change together with inter-sectoral trade has distributional …