Multi-product Exporters: Product Churning, Uncertainty and Export Discoveries

• Tác giả: Leonardo Iacovone
• Ngôn ngữ: eng
• Ký hiệu phân loại: 382.4 Specific products and services
• Thông tin xuất bản: 2012
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 300216
• Chủ đề: 1. Firm Behavior: Empirical Analysis D220; 2. International Business F230; 3. Multinational Firms; 4. Production, Pricing, and Market Structure; 5. Size Distribution of Firms L110

Tóm tắt

Recent research on international trade focuses on firm-product-level heterogeneity and the role of uncertainty in shaping international trade. This article contributes to the literature by examining product-level dynamics within firms in the context of Mexican trade integration under NAFTA. The data show intense product churning within firms and confirm the existence of within-firm product heterogeneity. The data indicate that new exporters enter foreign markets with a small number of varieties, most of which were previously sold at home, and with a small export small volume. The data also suggest that export discoveries are relatively rare and are imitated within a short period of time.