multi-country sourcing model in which heterogeneous firms self-select into importing based on their productivity and country …

structurally estimate the key parameters of our model to construct counterfactual size, productivity and welfare distributions …

firms, and the fact that larger firms supply more products than smaller firms, implies that standard productivity measures … are not independent of demand system assumptions and probably dramatically understate the relative productivity of the …

We investigate theoretically and empirically the competitive effects of increased trade on prices, productivity and … productivity. In response to an increase in openness, markups show a steep short run decline, which partly reverses later, while … productivity rises in a manner that increases over time. Our estimates suggest that EU manufacturing prices fell by 2 …

productivity of the industrial sector is indeed the product of about five times 70%. But 0.70 to the power of five is 17%. The … least productive country in the sample, Bangladesh, has a productivity level worth about 2% of that of the richest nations … relative price of manufactured goods. We show that productivity differentials explain about half of the relative price …