Behrens, Kristian; Mion, Giordano; Ottaviano, Gianmarco - C.E.P.R. Discussion Papers - 2007
We distill the main insights from recent trade models on firms' responses to globalisation. Our primary aim is to assess the economic impact and the welfare implications of the resulting reallocation of resources across firms and countries. In so doing, we bring theory into life through the...