@techreport{Schmidt2010Technology,
abstract = {This paper develops two extensions of the dynamic model presented in Melitz (2003). The first extension consists in the introduction of technology choice between three alternative production technologies: L, M and H. L is assumed to be the same as Melitz's single production technology, while M and H are assumed to be superior production technologies, stemming this superiority from the fact these technologies substitute the more primitive capital goods used in technology L with newer, updated versions which embody technological advances, and also from the fact that M and H are more skill-intensive than L. Technologies M and H are equally skill-intensive, but H still is superior to M because it incorporates world-technology-frontier capital goods, while the capital goods used in M are below such frontier. The second extension consists in the introduction of two different exporting profiles: 'Low-Commitment Exporters' - who make the minimum possible investment required to penetrate export markets- and 'High-Commitment Exporters' - who are ready to make additional trade-related investments in order to gain additional export sales.},
address = {Kiel},
author = {Gabriela Schmidt},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {O14; O33; 330; Technology choice; heterogeneous firms; export profiles; embodied technology; resources' redistribution; monopolistic competition; Allokation; Au\ss{}enwirtschaft; Markteintritt; Branchenentwicklung; Produktivit\"{a}t; Au\ss{}enhandelsliberalisierung; Technologiewahl; Monopolistischer Wettbewerb; Theorie},
language = {eng},
number = {1600},
publisher = {Kiel Institute for the World Economy (IfW)},
title = {Technology choice and international trade},
type = {Kiel working paper},
url = {http://hdl.handle.net/10419/30265},
year = {2010}
}
