productivity in enterprises operated by young owners. Using the World Bank's recent LSMS-ISA database that covers six countries in … young adults to start enterprises, but to also enable young entrepreneurs to improve productivity in already existing …

In "new" new international trade theory, whether firms export or not are determined by their productivity. These models … assume that firms enter a market to find their productivity levels revealed to them as in a lottery. In this paper we propose … with a real option value. We show that endogenizing the export decision is consistent with patterns of productivity and …