We study how financial frictions affect firm-level heterogeneity and trade. We build a model where productivity …

. Firms with a higher capital intensity and lower labor productivity also exhibit a greater response. These results are shown …

industry productivity. For this purpose we develop a reciprocal dumping model of international trade with heterogeneous firms … expected industry productivity. The central results of the paper regarding firm and industry level R&D spending differ … significantly from the case of homogeneous firms. -- international trade ; firm heterogeneity ; R&D ; productivity ; market …

is found that patents ought to be weaker, the more intense competition, the higher R&D productivity, and the more …

This paper assesses sources of productivity spillovers in China's electric and electronic manufacturing industry using … important reliance on technology. In particular, the paper focuses on the role of other firms' productivity as well as … productivity shifters in affecting own firm-level total factor productivity. In addition, this paper examines the possible …

Productivity. We endogenize the accrual of the R&D stocks by estimating an R&D investment function. We find that the marginal …