The Network Structure of International Trade

• 成果类型: Article
• 署名作者: Chaney, Thomas
• 署名单位: Universite de Toulouse; Universite Toulouse 1 Capitole; Toulouse School of Economics
• 刊物名称: AMERICAN ECONOMIC REVIEW
• ISSN/ISSBN: 0002-8282
• DOI: 10.1257/aer.104.11.3600
• 发表日期: 2014
• 页码: 3600-3634
• 关键词: Social networks; wal-mart; penetration; economies; BUSINESS; MARKET; IMPACT; COSTS; TIES

摘要

Motivated by empirical evidence I uncover on the dynamics of French firms' exports, I offer a novel theory of trade frictions. Firms export only into markets where they have a contact. They search directly for new trading partners, but also use their existing network of contacts to search remotely for new partners. I characterize the dynamic formation of an international network of exporters in this model. Structurally, I estimate this model on French data and confirm its predictions regarding the distribution of the number of foreign markets accessed by exporters and the geographic distribution of exports.