Middlemen Margins and Globalization
Published By: BREAD on eSS | Published Date: June, 26 , 2009A theory of trading middlemen or entrepreneurs who finance and market goods produced by workers are developed. A two sector two country model of competitive equilibrium, with endogenous sorting of agents with heterogenous entrepreneurial abilities into sectors and occupations is developed.
Author(s): Pranab Bardhan, Dilip Mookherjee, Masatoshi Tsumagari | Posted on: Sep 02, 2009 | Views(1426) | Download (312)