Di Giovanni, Julian; Levchenko, Andrei A. - 2009
welfare impact of macroeconomic policies such as barriers to entry or trade
liberalization. Using a multi-country model of … order of magnitude
larger, while the gains from trade liberalization are an order of magnitude smaller.
JEL Classi cations … happens to these best rms, rather than by whether trade liberalization leads to new
entry. That is, a reduction in trade …