economy, both in theory and in the data. We first summarize the key empirical facts that motivate the study of firms in trade …, focusing on how firms select into exporting, and how firms respond to international shocks. Finally, we turn to a "real world …

propose a unifying theory to analyze the symptoms and the potential causes of this decline. We first highlight 10 pronounced … potential of growth theory for the analysis of factors behind declining business dynamism and the need for further investigation …