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 …

Carlo study of firm entry/exit, and an empirical model of export decisions applied to plant-level data from Colombian …

guidance in such settings, including an investment decision rule called the "bad news principle": the downside investment state … influences the investment decision whereas the upside investment state is ignored. This study takes a new approach to examining …