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Received wisdom suggests that most exporters sell the majority of their output domestically. In this paper, however, we show that the distribution of export intensity not only varies substantially across countries, but in a large number of cases is also bimodal, displaying what we refer to as...
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We derive closed-form expressions for the distribution of export intensity when firm-destination-specific revenue shifters are distributed gamma and Frechet in a two-country model of trade with isoelastic demand. We estimate the parameters governing the distribution of export intensity for each...
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We embed a North-South trade model into an incomplete contracts setting where the production of heterogeneous firms can be geographically separated. When a Northern headquarter contracts with a Southern supplier instead of a Northern supplier, the presence of international incomplete contracts...
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