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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w14610 |
来源ID | Working Paper 14610 |
An Anatomy of International Trade: Evidence from French Firms | |
Jonathan Eaton; Samuel Kortum; Francis Kramarz | |
发表日期 | 2008-12-23 |
出版年 | 2008 |
语种 | 英语 |
摘要 | We examine the sales of French manufacturing firms in 113 destinations, including France itself. Several regularities stand out: (1) the number of French firms selling to a market, relative to French market share, increases systematically with market size; (2) sales distributions are very similar across markets of very different size and extent of French participation; (3) average sales in France rise very systematically with selling to less popular markets and to more markets. We adopt a model of firm heterogeneity and export participation which we estimate to match moments of the French data using the method of simulated moments. The results imply that nearly half the variation across firms that we see in market entry can be attributed to a single dimension of underlying firm heterogeneity, efficiency. Conditional on entry, underlying efficiency accounts for a much smaller variation in sales in any given market. Parameter estimates imply that fixed costs eat up a little more than half of gross profits. We use our results to simulate the effects of a counterfactual decline in bilateral trade barriers on French firms. While total French sales rise by around US$16 billion, sales by the top decile of firms rise by nearly US$23 billion. Every lower decile experiences a drop in sales, due to selling less at home or exiting altogether. |
主题 | International Economics ; Trade ; Industrial Organization ; Market Structure and Firm Performance ; Firm Behavior |
URL | https://www.nber.org/papers/w14610 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/572285 |
推荐引用方式 GB/T 7714 | Jonathan Eaton,Samuel Kortum,Francis Kramarz. An Anatomy of International Trade: Evidence from French Firms. 2008. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w14610.pdf(500KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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