Export Superstars

• Tác giả: Caroline Freund
• Ngôn ngữ: eng
• Ký hiệu phân loại: 796.35 Ball driven by club, mallet, bat
• Thông tin xuất bản: MIT Press, 2016
• Bộ sưu tập: Tài liệu truy cập mở
• ID: 324072
• Chủ đề: 1. comparative advantage; 2. export patterns; 3. sectoral composition

Tóm tắt

We show that very large firms shape country export patterns. Among 32 countries, the top firm on average accounts for 14% of a country's total (non-oil) exports, and the top five firms make up 30%. These export superstars are also important in the sectoral distribution of exports. Variation in exports from the top firm in a country explains about one-third of the variation in sectoral exports relative to income across countries, and variation in exports from the top five firms explains nearly half. Revealed comparative advantage in a sector can be created by a single firm.