Export Superstars

• 成果类型: Article
• 署名作者: Freund, Caroline; Pierola, Martha Denisse
• 署名单位: Peterson Institute for International Economics; Center for Economic & Policy Research (CEPR); The World Bank
• 刊物名称: REVIEW OF ECONOMICS AND STATISTICS
• ISSN/ISSBN: 0034-6535
• DOI: 10.1162/REST_a_00511
• 发表日期: 2015-12
• 页码: 1023-1032
• 关键词: trade; FIRMS

摘要

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 (nonoil) 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.