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We compare the economic consequences and political feasibility of reforms aimed at reducing barriers to entry (deregulation) and improving contractual enforcement (legal reform). Deregulation fosters entry, thereby incre...Read more...
Francesco Caselli and Nicola Gennaioli
Firms' decisions about which goods to produce are often made at a more disaggregate level than the data observed by empirical researchers. When products differ according to production technique or the way in which they e...Read more...
Andrew B. Bernard, Stephen Redding and Peter K. Schott