Coughlin, Cletus Charles; Bandyopadhyay, Subhayu - 2015
extensive and intensive trade margins using state-level exports to foreign nations. Our theoretical analysis provides definitive … intensive margin is approximated by the average firm exports of a state. Various count-data models, such as the standard …, empirical findings suggest that variable costs reduce average exports. A noteworthy finding is that U.S. foreign direct …