Excessive Entry and Exit in Export Markets

Hiroyuki Kasahara, Heiwai Tang

NBER Working Paper No. 25878
Issued in May 2019

---- Acknowledgments ----

We thank Pietro Montanarella for excellent research assistance and participants in the NBER-TCER-CEPR Conference on “Globalization and Welfare Impacts of International Trade”, especially our discussant, Daisuke Fujii, for comments. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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