Chen, Hsieh, and Song study the use of unofficial non-tariff barriers (NTBs) by China during the U.S.-China trade war of 2018–2019 and in the first year of the Phase 1 purchase agreement (2020). The …
PublishedClassicQuarterly Journal of EconomicsPublished Nov 2009
In a monopolistic-competition model with heterogeneous firms, a plant's revenue productivity should be equalised within an industry unless the plant faces distortions -- so the dispersion of revenue …