Behrens, Kristian; Mion, Giordano; Murata, Yasusada; … - 2008
endogenously determined wages. Trade integration favors wage convergence, intensifies competition, and forces the least efficient … changes. -- Heterogeneous firms ; gravity equations ; general equilibrium ; monopolistic competition ; variable demand … competition, and forces the least efficient firms to leave the market,
thereby affecting aggregate productivity. Since wage and …