Dissecting Trade: Firms, Industries, and Export Destinations

2004

298 citations recorded by the source corpus.

We examine entry across 113 national markets in 16 different industries using a comprehensive data set of French manufacturing firms. The data are unique in indicating how much each firm exports to each destination. Looking across all manufacturers: (1) Firms differ substantially in export participation, with most selling only at home; (2) The number of firms selling to multiple markets falls off with the number of destinations with an elasticity of ?2.5; (3) Decomposing French exports to each destination into the size of the market and French share, variation in market share translates nearly completely into firm entry while about 60 percent of the variation in market size is reflected in firm entry. Looking within each of 16 industries we find little variation in these patterns. We propose that any successful model of trade and market structure must confront these facts.

Subfields: Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/cf09fac20a497c710b7980d6a29b9d4a00cd964a

Citations in the corpus

• Export Dynamics and Sales at Home (2015, unknown): “Eaton et al. (2004) and Eaton et al. (2011) provide a more detailed description of the database.”
• Firm-level volatility and exports (2012, unknown): “Using data for 1986, Eaton et al. (2004) show that 35% of French manufacturing exporters export to only one market, while only 20% export to more than 10 markets.”
• The Extensive Margin of Exporting Products: A Firm-Level Analysis (2010, unknown): “Examples of incremental market access costs among NTMs are product-level health regulations, safety standards, certifications, and licenses.7 Most variation in trade flows comes from the extensive margin of exporter entry into foreign markets (Eaton, Kortum, and  Kramarz  2004; Bernard et  al.”
• An Assignment Theory of Foreign Direct Investment (2008, unknown): “Kortum (2003), and Eaton, Kortum, and Kramarz (2004) .”
• Export Dynamics in Colombia: Firm-Level Evidence (2007, unknown): “This result contrasts with Eaton et al. (2004), who find remarkable similarity in the sales distributions of French exporters across destinations.”
• Productivity and International Trade: Firm Level Evidence from a Small Open Economy (2008, unknown): “Existing evidence is based on data from very few countries, notably the United States (Bernard et al. 2007) and France ( Eaton et al. 2004 ).”
• Financial factors and the margins of trade: Evidence from cross-country firm-level data (2010, unknown): “Financial Factors and the Margins of Trade: Evidence from Cross-Country Firm-Level Data Nicolas Berman, Jérôme Héricourt To cite this version: Nicolas Berman, Jérôme Héricourt.”
• Heterogeneous Firms, Quality, and Trade☆ (2015, unknown): “pD(c) = 1 2 (cD + c) + 1 2 D(c l D c) (25) pX(c) = 1 2 ( )(cX + c) + 1 2 ( ) X(c l X c) (26) q D(c) = L 2 (1 + D)(c l D c) (27) q X(c) = L 2 ( )(1 + X)(c l X c) (28)”
• How do Different Exporters React to Exchange Rate Changes (2012, unknown): “Eaton et al. (2007) also adopt this measure in their analysis of the dynamics of Colombian trade flows.”
• International Trade in Services: A Portrait of Importers and Exporters (2011, unknown): “Throughout the paper we try to stay as close as possible to comparable research on trade in goods and to compare our ndings to this earlier literature (in particular, Bernard et al., 2007a/b; Manova and Zhang, 2008, Eaton et al., 2004).”
• The Effect of Product Standards on Agricultural Exports (2013, unknown): “16 See for example Greene (1994) and Burger et al.”
• Does importing more inputs raise exports? Firm-level evidence from France (2013, unknown): “, Ethier 1982; Markusen 1989; Romer 1987, 1990; Grossman and Helpman 1991; Kasahara and Lapham 2013), as well as recent empirical results (some of which are listed above), we thus find that using more varieties of imported inputs increases TFP. These coefficients on imported inputs from developed an”
• Market Penetration Costs and the New Consumers Margin in International Trade (2008, unknown): “The remaining parameters of the model are calibrated to generate the relationship between the number of French firms entering exporting markets and the size of these markets, as reported by Eaton, Kortum, and Kramarz (2004) (henceforth EKK04) and EKK05.”