Artuç, Erhan; Bet, Germán; Brambilla, Irene; Porto, Guido - Facultad de Ciencias Económicas, Universidad Nacional … - 2013
When export opportunities arise, the gains from trade can only be materialized if the economy adjusts. In order to expand and meet new markets, firms must hire new workers and tune their capital stock by investing in product lines, machines and equipment. If this process is costly and imperfect,...