Prehn, Sören; Brümmer, Bernhard - Institut für Agrarökonomie, Georg-August-Universität … - 2011
With the extension of the standard Melitz Model from Ahn et al. [2011], the important role of intermediaries in facilitating trade is now recognized. In this paper, we are going to expand Chaney's [2008] approach to an Intermediate Melitz Model. By researching if Chaney's results still apply for...