Paper #1604

Título:

Firms and economic performance: A view from trade

Autores:

Alessandra Bonfiglioli, Rosario Crinò y Gino Gancia

Fecha:

Marzo 2018

Resumen:

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.

Palabras clave:

US Imports, Firm Heterogeneity, International Trade, Prices, Quality, Variety, Granularity.

Códigos JEL:

F12, F14

Área de investigación:

Macroeconomía y Economía Internacional

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