Chen, Natalie; Imbs, Jean; Scott, Andrew - 2006
prices, productivity levels and markups as functions of openness to trade at a sectoral level. The theory lends itself … evidence that trade openness exerts a competitive effect, with prices and markups falling and productivity rising. Consistent …We present, extend and estimate a model of international trade with firm heterogeneity in the tradition of Melitz (2003 …