Motivated by recent studies that highlight the importance of firm level heterogeneity in understanding the impact of policy changes on firm behavior and outcomes, this paper allows trade and labor market outcomes to differ by firm characteristics, including their location across environments with rigid versus flexible labor regulations and the industry in which they operate.
Disclaimer
The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.
Download
Topics
- Economics
- Industry and Trade