results quantify the role of regional factor markets in firm productivity and location. Considering modern China as a large …

This paper provides a direct test of how fixed export costs and productivity jointly determine firm-level export …, while those with higher productivity export more. These outcomes are the foundation of the widely-used sorting mechanism in … the trade models with firm heterogeneity. A particular and novel finding is that high-productivity nonexporters face …

emerging and advanced economies. We assess the impact of appreciations, productivity booms and capital flow surges using a … propensity-score matching approach to address causality issues. We show that appreciations associated with higher productivity …

emerging and advanced economies. We assess the impact of appreciations, productivity booms and capital inflows surges using a … propensity-score matching approach to address causality issues. We show that appreciations associated with higher productivity …

' decision to export. The model sheds light on the affirmations of the founding models of the 'new theory of international trade …', in particular the role of productivity and sunk costs of exporting in the firms’ export decision. It also takes into … firms, regardless of their productivity level, enter foreign markets every year with little sales and cease all exporting …