Behrens, Kristian; Mion, Giordano; Murata, Yasusada; … - 2009
endogenously determined wages. Trade integration favours wage convergence, boosts competition, and forces the least efficient firms … to leave the market, thereby affecting aggregate productivity. Since wage and productivity responses are endogenous, our …, relative and absolute wage effects, and a selection effect. Using the estimated parameter values, we then quantify the impact …