Trade, Productivity and (Mis)allocation /

We examine the gains from globalization in the presence of firm heterogeneity and potential resource misallocation. We show theoretically that without distortions, bilateral and export liberalizations increase aggregate welfare and productivity, while import liberalization has ambiguous effects. Res...

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Hlavní autor: Berthou, Antoine
Další autoři: Chung, John Jong-Hyun, Manova, Kalina, Sandoz, Charlotte
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2020.
Edice:IMF Working Papers; Working Paper ; No. 2020/163
On-line přístup:Full text available on IMF