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The Opportunity Costs of Entrepreneurs in International Trade

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NBER2016-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w22514
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资源简介:
We show that a trade model with an exogenous set of heterogeneous firms with fixed operating costs has the same aggregate outcomes as a span-of-control model. Fixed costs in the heterogeneous-firm model are entrepreneurs forgone wage in the span-of-control model.
提供机构:
美国国家经济研究局
创建时间:
2016-08-01
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