export market. We introduce time and risk into the fixed-variable cost tradeoff central to general equilibrium heterogeneous … the tendency of new exporters to export on a small scale, to have low survival rates, and to take time to grow into large … variable export costs, and tariff reforms generate time-varying trade elasticities. We show that the gains from reducing …

As the exchange rate, foreign demand, production costs and export promotion policies evolve, manufacturing firms are … continually faced with two issues: Whether to be an exporter, and if so, how much to export. We develop a dynamic structural model … of export supply that characterizes these two decisions and estimate the model using plant-level panel data on Colombian …