This paper presents a dynamic model of risk-averse producers' decision to invest in physical capital and to export. The … model features irreversible investment, no capital markets and fixed and sunk costs to export. Several features of the … distribution of investment rates and export participation patterns observed in firm-level data are closely matched in a calibration …

export their highest-sales products across multiple destinations. To account for these regularities, we develop a model of …

latter, and shows that the availability of the private label option results in greater total export volumes and lower average …

This paper explores firms' export dynamics in emerging economies where local firms face stiff foreign competition, both … at home and abroad, and thus compelled to choose the level of quality in which to export. We develop and test a model of … vertical product differentiation where the link between export performance and product quality is central. The impact of other …

provide a new quantitative welfare measure by dividing the manufacturing sector into import and export sub-sectors. We then … surprisingly, that the gains to the import sector are larger than the gains to the export sector. Moreover, the size and the …

non-exporters. However, selecting high export potentials is difficult in practice. The contribution of this paper is to … characterize and identify these (high) export potentials. According to the Melitz (2003) model, potential exporters have to be … productive enough to overcome the entry costs of foreign markets. Once firms pass this productivity threshold, they all export …