Alessandria, George; Choi, Horag - In: Journal of International Economics 94 (2014) 2, pp. 311-325
We study empirically and theoretically the growth of U.S. manufacturing exports from 1987 to 2007. We use plant-level data on exporters' export intensity to identify the changes in iceberg costs over this period. Given this change in iceberg costs, we find that a GE model with heterogeneous...