This paper uses an oligopoly model with heterogeneous firms to examine how an industry adjusts to rising import … face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …-competitive effects of import penetration on the domestic industry disappear in the long run. The predictions for the short run are …

This paper uses an oligopoly model with heterogeneous firms to examine how an industry adjusts to rising import … face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …-competitive effects of import penetration on the domestic industry disappear in the long run. The predictions for the short run are …

This paper uses an oligopoly model with heterogeneous firms to examine how an industry adjusts to rising import … face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …-competitive effects of import penetration on the domestic industry disappear in the long run. The predictions for the short run are …

This paper uses an oligopoly model with heterogeneous firms to examine how an industry adjusts to rising import … face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …-competitive effects of import penetration on the domestic industry disappear in the long run. The predictions for the short run are …

This paper uses an oligopoly model with heterogeneous firms to examine how an industry adjusts to rising import … face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …-competitive effects of import penetration on the domestic industry disappear in the long run. The predictions for the short run are …

This paper uses an oligopoly model with heterogeneous firms to examine how an industry adjusts to rising import … face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …-competitive effects of import penetration on the domestic industry disappear in the long run. The predictions for the short run are …

This paper uses an oligopoly model with heterogeneous firms to examine how an industry adjusts to rising import … face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …-competitive effects of import penetration on the domestic industry disappear in the long run. The predictions for the short run are …

This paper uses an oligopoly model with heterogeneous firms to examine how an industry adjusts to rising import … face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …-competitive effects of import penetration on the domestic industry disappear in the long run. The predictions for the short run are …

This paper uses an oligopoly model with heterogeneous firms to examine how an industry adjusts to rising import … face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …-competitive effects of import penetration on the domestic industry disappear in the long run. The predictions for the short run are …

examine how trade liberalization affects firm and industry productivity, as well as social welfare. We identify four effects … of trade liberalization on productivity: (i) a direct effect through changes in R&D investment; (ii) a scale effect due …