Companies in the manufacturing, service and transport infrastructure sectors will play a key role in the sustainable transition of the energy system implementing innovative technologies at full industrial scale. However, developing long-term investment plans is a challenging task, complicated by...

We propose a new model of multi-product firms in international trade, where firms choose their product mix based on the products’ attractiveness and endogenous competition. The model is motivated by two novel stylized facts using Danish manufacturing data, which demonstrate the importance of...