Jürgen Meckl, Benjamin Weigert
Abstract
Recent literature on the effects of trade liberalization emphasizes aggregate productivity gains caused by selection effects in a setting with heterogeneous firms. These analyses are guided by results from empirical research that reveals (i) persistent productivity differences among firms within narrowly defined industries
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Recent literature on the effects of trade liberalization emphasizes aggregate productivity gains caused by selection effects in a setting with heterogeneous firms. These analyses are guided by results from empirical research that reveals (i) persistent productivity differences among firms within narrowly defined industries
Key concepts: Productivity, Economics, Free trade, Welfare, Gains from trade, Fixed cost, International economics, Trade barrier