We develop a heterogeneous-firms model with trade in goods, labor mobility and credit constraints due to moral hazard … trade liberalization. While the former leads to more dispersion of economic activity across space, the latter tends to drive …

We develop a heterogeneous-firms model with trade in goods, labor mobility and credit constraints due to moral hazard … trade liberalization. While the former leads to more dispersion of economic activity across space, the latter tends to drive …

This paper develops a model of international trade where firms are heterogeneous across capacity and productivity. A … markets with a flexible competitive structure giving rise to instances where trade and trade liberalization negatively impact …

This paper embeds a principal-agent firm in an otherwise standard trade model a la Melitz (2003) to investigate the … less productive firms use a lowered- powered one. International trade within an industry enhances market competition … international trade on firms that differ in their exporting status and pay structure result in more prevalence of high …

Recent Melitz-type (2003) intra-industry heterogonous trade models argue that a firm's productivity has significant …

Firms face competing needs to expand product variety and reduce production costs. Trade policy affects firm investments … recapture these lost markups. I provide a theory detailing this conflicting impact of trade policy and address welfare gains … from trade. Accounting for firm heterogeneity, I show support for the theoretical predictions with firm-level innovation …

Recent Melitz-type (2003) intra-industry heterogonous trade models argue that a firmfs productivity has significant …

Recent empirical work identi.es two main channels through which consumers benefit from trade. Trade liberalization …

of exporters) and intensive (volume of exports) margins of international trade. The article's main contribution is its …. It also presents new information on firm behavior under financial constraints. The paper develops a trade model with … firms' export volumes once they become exporters. An empirical analysis is developed on the basis of an international trade …

The aim of this paper is to formalise a two-country model of trade liberalisation and technological change with … production we allow for comparative advantages and study the trade and technology effects within and between sectors on wages and … employment of skilled and low-skilled workers. Technological change together with inter-sectoral trade has distributional …