Berthou, Antoine; Chung, Jong Hyun; Manova, Kalina; … - 2020
firms in the presence of distortions: (i) Both export and import expansion increase average firm productivity, but the … show theoretically that without distortions, bilateral and export liberalizations increase aggregate welfare and … productivity, while import liberalization has ambiguous effects. Resource misallocation can either amplify, dampen or reverse the …