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productivity with a shape parameter that depends on industry-level characteristics. A novel result is that export opportunities, by … their productivity draws at the entry stage and explore the implications in closed and open economy. By allowing firms to …, namely, that export opportunities increase firmheterogeneity by fostering innovation. …
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This paper uses firm-level data for Mexican exporters to understand how firm-level export decisions shape a country …-series variation in the export supply decisions of firms. It is found that the cross-sectional variation of exports is mostly accounted … exporting firms that retain their export status from year to year. …
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markets. This approach explains a variety of features exhibited in disaggregated trade data, including the higher productivity … industry and firm productivity. …
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binary export status, we further show that a continuous share of exports is of additional value when assessing the impact of …
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Firms play a critical role in the global economy. In this paper, we survey the behavior of firms in the international economy, both in theory and in the data. We first summarize the key empirical facts that motivate the study of firms in trade. Then, we detail recent theoretical developments on...
Persistent link: https://www.econbiz.de/10011610238
We develop a dynamic general equilibrium trade model with comparative advantage, heterogeneous firms, heterogeneous workers and endogenous firm entry to study wage inequality during the adjustment after trade liberalization. We find that trade liberalization increases wage inequality both in the...
Persistent link: https://www.econbiz.de/10010226867