Iacovone, Leonardo - In: Journal of Development Economics 99 (2012) 2, pp. 474-485
This paper shows how trade liberalization can have an asymmetric effect on heterogeneous firms. It develops a neo …-Schumpeterian growth model predicting that the impact of liberalization on economic performance is positive “on average”, but more advanced … liberalization spurred productivity growth on average. However, the empirical analysis goes beyond estimating the average effect of …