Innovation, mark-ups and the degree of trade openness vary substantially across sectors. This paper builds a multi-sector endogenous growth model to study the influence that asymmetric trade liberalization and sectorial differences in the degree of product market competition has on the effect of...

Este artículo estudia los efectos que una apertura global al comercio exterior tiene sobre la productividad a nivel de empresa y a nivel de industria en un entorno donde existen diferencias intersectoriales en niveles de competencia inicial. Los sectores menos competitivos sufren mucho más la...

This paper explores the relationship between trade openness and economic growth through a change in institutions. To do so, the paper creates a theory of endogenous institutional change where there are three social groups, each one owns a specific production factor. An ellite (landowners)...