G2TT
来源类型Discussion paper
规范类型论文
来源IDDP8345
DP8345 Are capital intensive firms the biggest exporters?
Rikard Forslid; Toshihiro Okubo
发表日期2011-04-01
出版年2011
语种英语
摘要This paper starts out from the observation that the export shares of firms (export to sales ratio) vary greatly among firms, and tend to be systematically related to the firms' capital labour ratios. This observation cannot be explained by the standard heterogeneous firms and trade model by Melitz (2003), which predicts that all exporting firms have identical export shares. In our model, we relate the difference in export shares to firm level differences in transport costs. Two factors influence a firm's transport cost in our model. First, firm scale can affect transportation costs, making freight rates lower for large firms. Second, we allow for an association between the capital intensity of a firm and its transportation costs. In accordance with data, we assume this relationship to be sector specific. This implies that our model can generate the result that more productive and capital intensive firms have higher export shares due to scale economies in transportation, but the model can also generate the opposite pattern that more capital intensive firms have lower export shares due to a strong positive association between capital labour ratio and transportation costs. We use Japanese manufacturing firm level data to calibrate our model by matching firm level export shares to data sector by sector. Regressing the calibrated transportation costs on actual data then shows that the calibrated (calculated) numbers can explain about half of the variation in the data.
主题International Trade and Regional Economics
关键词Calibration Capital labour ratio Export shares Heterogeneous firms
URLhttps://cepr.org/publications/dp8345
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/537172
推荐引用方式
GB/T 7714
Rikard Forslid,Toshihiro Okubo. DP8345 Are capital intensive firms the biggest exporters?. 2011.
条目包含的文件
条目无相关文件。
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Rikard Forslid]的文章
[Toshihiro Okubo]的文章
百度学术
百度学术中相似的文章
[Rikard Forslid]的文章
[Toshihiro Okubo]的文章
必应学术
必应学术中相似的文章
[Rikard Forslid]的文章
[Toshihiro Okubo]的文章
相关权益政策
暂无数据
收藏/分享

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。