. Sectors are populated by final-good producers who differ in productivity levels. Based on productivity and sectoral … different productivity levels choose different ownership structures and supplier locations, i.e., they choose different …

our benchmark assumption that industry prices are independent of productivity. When we allow for the endogeneity of …

This paper analyzes the welfare implications of international spillovers related to productivity gains, changes in …-equilibrium model with monopolistic competition, drawing a distinction between productivity gains that enhance manufacturing efficiency …

firm framework. The paper also shows how the aggregate industry productivity growth generated by the reallocations …, the paper provides an extension of Krugman's (1980) trade model that incorporates firm level productivity differences …. Firms with different productivity levels coexist in an industry because each firm faces initial uncertainty concerning its …

and productivity. A model with monopolistic competition, a continuum-of-goods, and endogenous tradability allows for … theory and history to be consistent for a wide range of underlying productivity shocks …