《Plants and Productivity in International Trade》.pdf
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Plants and Productivity in International Trade
Andrew B. Bernard; Jonathan Eaton; J. Bradford Jensen; Samuel Kortum
The American Economic Review, Vol. 93, No. 4. (Nov., 2003), pp. 1268-1290.
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Sat Jan 6 10:34:32 2007
Plants and Productivity in InternationalTrade
We reconcile trade theory withplant-level export behavior, extending the Ricardian
model to accommodate many countries, geographic barriers, and imperfect com-
petition. Our model captures qualitatively basic facts about U.S.plants: (i)pro-
ductivity dispersion, (ii)higherproductivity among exporters, (iii)the smallfracti
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