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Paper #1604

Títol:
Firms and economic performance: A view from trade
Autors:
Alessandra Bonfiglioli, Rosario Crinò i Gino Gancia
Data:
Març 2018 (Revisió: Juliol 2019)
Resum:
We use transaction-level US import data to compare firms from virtually all countries in the world competing in a single destination market. Guided by a simple theoretical framework, we decompose countries market shares into the contribution of the number of firm-products, their average attributes (quality and efficiency) and heterogeneity around the mean. To further explore the role of exceptional firms, we develop a novel decomposition that identifies the contribution of deviations from continuous distributions. We then study how the distribution of firm-level characteristics varies across countries. Our results shed new light on how firms shape aggregate economic performance.
Paraules clau:
US Imports, Firm Heterogeneity, International Trade, Prices, Quality, Variety, Granularity.
Codis JEL:
F12, F14
Àrea de Recerca:
Macroeconomia i Economia Internacional

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