The distribution of factor incomes from a macroeconomic perspective is an increasingly popular research topic—be it for its implications for the personal income distribution or the apparent mistake in previous research declaring it to be constant over time. The labour share has been decreasing...

Recent advances in trade theory suggest novel gains from trade liberalisation through technology adoption by expanding exporting firms. These theories rely on strict assumptions regarding the productivity sorting of firms with different technology use. In this paper, we test the sorting of...

No consensus has been reached so far on what a business model is. In particular, no comprehensive explanation exists of the decisions to be taken in developing business models in times of long-term, far-reaching technological change. In this article, we therefore start by giving a broad...

Co-ethnic networks foster trade by providing information about trading opportunities and taking advantage of mutual trust. While the economics literature usually focuses on direct ethnic links between source and host countries, sociological studies adopt a broader perspective. They emphasize the...

This paper characterizes analytically the optimal tariff of a large one-sector economy with monopolistic competition and firm heterogeneity in general equilibrium, thereby extending the small-country results of Demidova and Rodríguez-Clare (JIE, 2009) and the homogeneous firms framework of Gros...