Bolatto, Stefano; Grazzi, Marco; Tomasi, Chiara - 2017
Building on a heterogeneous-firm model à la Melitz (2003), we propose a theory of intermediaries in international trade … which rationalizes the available evidence on both aggregate and firm-level exports as well as their responsiveness to … result, validated on Italian firm-level trade data, is consistent with productivity sorting in the export mode and with the …