Nocke, Volker; Yeaple, Stephen - Volkswirtschaftliche Fakultät, … - 2013
We present an international trade model with multiproduct firms. Firms are heterogeneously endowed with two types of … capabilities that jointly determine the trade-off within firms between managing a large portfolio of products and producing at low …, including why larger firms are more productive and more diversified, and yet more diversified firms trade at a discount …