Demirbas, Dilek; Patnaik, Ila; Shah, Ajay - In: Indian Growth and Development Review 6 (2013) 2, pp. 242-259
Purpose – Recent developments in the literature on international trade and foreign direct investment (FDI) emphasise the role of firm characteristics in shaping firm participation in exports and FDI. The seminal work of Melitz and Helpman-Melitz-Yeaple (HMY) places heterogeneity in firm...
