This paper develops a theory of firm selection and growth and embeds it into an international trade framework of … balanced growth. I assume that firm-level growth is the result of idiosyncratic productivity improvements while there is …

fixed offshoring costs. In the skill-abundant country, high-productivity firms offshore a larger range of labor …-intensive inputs to the labor-abundant countries than low-productivity firms. Differently from the traditional versions of factor …-proportions trade theory, Heckscher-Ohlin forces operate at the within-industry level, leading to endogenous variation in skill …

Trefler (2004, AER) and others that industrial productivity increases more strongly in liberalized industries than in non … productivity increases more strongly in non-liberalized industries than in liberalized industries. …

Production capital and technology, fundamental to understanding output and productivity growth, are unobserved except …

cross-industry differences in this dimension. Theory suggests several potential factors that might explain this dispersion … lower variability of the number of firms; and (2) these relationships are non-linear as suggested by theory with initial …

In our dynamic optimizing sticky price model, agents are heterogeneous with regard to their age and their productivity … dominates the substitution effect. This is in line with the adverse effect of productivity shocks on employment found in …

plausibly argued to lead to increases in factor productivity in the private economy. This paper observes that government …

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