Pflüger, Michael; Russek, Stephan - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2011
The robust empirical finding that exporting firms are systematically different from firms thatmerely serve domestic consumers has inspired the development of a new brand of tradetheory, the theory of heterogeneous firms and trade. The establishment of a canonical modeldue to Melitz (2003) has...