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The Impact of Trade on Intraindustry Reallocation and Aggregate Industry Productivity: A Comment

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NBER2004-08-01 更新2025-01-04 收录
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Melitz (2003) demonstrates that greater trade openness raises industry productivity via a selection effect and via a production re-allocation effect. Our comment points out that the set-up assumed in the Melitz model displays a trade off between static and dynamic efficiency gains. That is, although

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2004-08-01
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