TY  - BOOK
AU  - Kehoe,Timothy J.
AU  - Pujolas,Pau S.
AU  - Ruhl,Kim J.
ED  - National Bureau of Economic Research.
TI  - The Opportunity Costs of Entrepreneurs in International Trade
T2  - NBER working paper series
PY  - 2016///
CY  - Cambridge, Mass.
PB  - National Bureau of Economic Research
N1  - August 2016; Hardcopy version available to institutional subscribers
N2  - We show that a trade model with an exogenous set of heterogeneous firms with fixed operating costs has the same aggregate outcomes as a span-of-control model. Fixed costs in the heterogeneous-firm model are entrepreneurs' forgone wage in the span-of-control model
UR  - https://www.nber.org/papers/w22514
UR  - http://dx.doi.org/10.3386/w22514
ER  -