Assortative Matching of Exporters and Importers

• 成果类型: Article
• 署名作者: Sugita, Yoichi; Teshima, Kensuke; Seira, Enrique
• 署名单位: Keio University; Hitotsubashi University; Instituto Tecnologico Autonomo de Mexico; Michigan State University
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/rest_a_01114
• 发表日期: 2023-11
• 页码: 1544-1561
• 关键词: trade; FIRMS; PRODUCTIVITY; QUALITY

摘要

This paper studies how exporting and importing firms match based on their capability by investigating the change in such exporter-importer matching during trade liberalization. During the recent liberalization of the Mexico-U.S. textile and apparel trade, exporters and importers often switch their main partners as well as change trade volumes. We develop a many-to-many matching model of exporters and importers where partner switching is the principal margin of adjustment, featuring Beckerian positive assortative matching by capability. Trade liberalization achieves efficient global buyer-supplier matching and improves consumer welfare by inducing systematic partner switching. The data confirm the predicted partner-switching patterns.