Trade Flows, Multilateral Resistance, and Firm Heterogeneity /
We present a gravity model that accounts for multilateral resistance, firm heterogeneity and country-selection into trade, while accommodating asymmetries in trade flows. A new equation for the proportion of exporting firms takes a gravity form, such that the extensive margin is also affected by mul...
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Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2012.
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Serie: | IMF Working Papers; Working Paper ;
No. 2012/297 |
Accesso online: | Full text available on IMF |