Theories of heterogeneous firms and trade
By: Stephen J. Redding
Contributors: National Bureau of Economic Research
Series: NBER working paper series -- working paper 16562; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 16562.
Publisher: National Bureau of Economic Research
Published: 2010
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "This paper reviews the recent theoretical literature on heterogeneous firms and trade, which emphasizes firm selection into international markets and reallocations of resources across firms.  We discuss the empirical challenges that motivated this research and its relationship to traditional trade theories.  We examine the implications of firm heterogeneity for comparative advantage, market size, aggregate trade, the welfare gains from trade, and the relationship between trade and income distribution.  While a number of studies examine the endogenous response of firm productivity to trade liberalization, modeling internal firm organization and the origins of firm heterogeneity remain interesting areas of ongoing research"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 3/29/2011.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.