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    • Trade, Productivity and Profits: On Profit levels and Profit margins 

      Tamminen, Saara; van den Berg, Marcel; van Marrewijk, Charles
      VATT Working Papers : 80 (Valtion taloudellinen tutkimuskeskus VATT, 28.09.2016)
      Do firms engaging in international trade have higher or lower profit margins? It is well-established that more productive firms engage in trading activities and as a result have higher profit levels. We use two theoretical ...