| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 963090 | Journal of International Economics | 2013 | 16 Pages |
Abstract
⺠A continuous-time GE model of trade with heterogeneous firms is proposed. ⺠The model includes sunk export entry costs and firm efficiency shocks. ⺠Firm's export market participation exhibits hysteresis. ⺠We calibrate the model using U.S. data on firms' turnover and export dynamics. ⺠Lower sunk export costs imply less persistence in export status.
Related Topics
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Economics and Econometrics
Authors
Giammario Impullitti, Alfonso A. Irarrazabal, Luca David Opromolla,