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New developments in the world economy have triggered research designed to better understand the changes in trade and … investment patterns, and the reorganization of production across national borders. Although traditional trade theory has much to … industry in which it operates, and the opportunities afforded by foreign trade and investment. Important among these choices …
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While neoclassical theory emphasizes the impact of trade on wage inequality between occupations and sectors, more … recent theories of firm heterogeneity point to the impact of trade on wage dispersion within occupations and sectors. Using … wage dispersion between firms is related to firm employment size and trade participation. We then extend the heterogenous …
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