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This paper formulates a structural empirical model of heterogeneous firms whose workers exhibit fair-wage preferences, leading to a link between a firm's operating profits and wages of workers employed by this firm. We estimate the parameters of the model in a data-set of five European...
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differences between these firms that cannot be attributed to the differences in total factor productivity.This paper contributes …
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scope and productivity. Using detailed data on imports and exports at the firm–product-market level, we document substantial … imported varieties is far more important than reduction in tariffs or declines in import prices for firms' productivity growth … and increased export product scope. We also find that gross churning has a bigger impact on firm productivity improvements …
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