HIGHLIGHTS
- who: Firstname Lastname and colleagues from the (UNIVERSITY) have published the research: How Trade Dampens the Impact of Financial Frictions in the Presence of Large Firms, in the Journal: Economies 2022, 10, 266. of /2022/
- what: The authors aim first to examine how an economy`s financial development affects the welfare gains from trade and second to uncover how firms threaten to suppress these gains through the exertion of market power and their confirmed preferential access to liquidity. To this purpose the authors propose a theoretical model of international trade with financial constraints which are . . .
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