Trade Adjustment Dynamics and the Welfare Gains from Trade
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We study how the transitions following a trade reform are shaped by the time it takes for new exporters to grow in the export market. We introduce time and risk into the fixed-variable cost tradeoff central to general equilibrium heterogeneous firm trade models: Investing in exporting gradually and
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美国国家经济研究局创建时间:
2014-11-01



