Trade Complexity and Productivity

  • Carlo Altomonte
  • Published 2009
We exploit a panel dataset of Hungarian rms merged with product-level trade data for the period 1992-2003 to investigate the relation between rms' trading activities (importing, exporting or both) and productivity. We nd important self-selection e ects of the most productive rms induced by the existence of heterogeneous sunk costs of trade, for both… CONTINUE READING