@TechReport{iza:izadps:dp16649,
            	author={Dale-Olsen, Harald},
            	title={The Impact of New Free Trade Agreements on Incumbent Firms and Workers},
            	year={2023},
	month={Dec},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={16649},
            	url={https://www.iza.org/publications/dp16649},
	abstract={Trade policies might affect firms' market power and their ability to reap product-market mark-ups. Thus, potentially they influence not only firms' economic performance, but also worker pay. Utilising panel-data on Norwegian Manufacturing exporters from 2005-18 and multi-product production function-estimation techniques and recent development within the literature on dynamic treatment effects in event studies with heterogeneous treatment effects, we show that free-trade agreements increase exports and return-on-assets for Norwegian incumbent exporters, but their mark-ups decline. On average, workers in these established firms benefit from free-trade agreements, but this depends on occupations, union strength and labour market tightness.},
	keywords={free-trade agreements;price-cost markups;profits;wages;multiproduct-function-estimation;dynamic treatment effects},
            }