Unobserved heterogeneity in the productivity distribution and the gains from trade

Finding a good parametric approximation to the productivity distribution is a problem of general interest. This paper argues that heterogeneity in productivity is best captured by finite mixture models (FMMs). FMMs build on the existence of unobserved subpopulations in the data. As such, they are ge...

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Hauptverfasser:	Dewitte, Ruben, Dumont, Michel, Rayp, Glenn, Willemé, Peter
Format:	Artikel
Sprache:	eng
Schlagworte:	Business and Economics Finite mixture model firm size distribution gains from trade productivity distribution
Online-Zugang:	Volltext
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