Catão, Luis A. V.; de Faria, Pedro; Martins, António; … - 2023
participation in export and import markets. Once at least one of these channels is active, firms are larger, less leveraged, employ … better qualified workers, and pay higher hourly wages. We also uncover a pecking order of effects, with export …-market participation having generally larger positive effects on productivity and negative effects on unit labor costs. All four channels …