The Origins and Dynamics of Export Superstars
This paper uses firm-level data on manufacturing trade from 40 developing countries to explore how the five largest exporters in a country contribute to export growth and diversification. The origins of these firms are also studied. The data show that the top five exporters account for on average one third of exports, over half of export growth, and almost all of export diversification over a five-year period. Controlling for country and industry fixed effects, the share of exports in the top five firms increases significantly as exports grow. Most top five exporters were already large five years ago or are new firms; it is extremely rare for these export superstars to emerge from the bottom half of the firm-size distribution. They are producers, not traders, and are primarily foreign owned.
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | Working Papers biblioteca |
| Language: | English |
| Published: |
Inter-American Development Bank
|
| Subjects: | Exporting Firm, Export Growth, Manufacturing Export, Comparative Advantage, D22 - Firm Behavior: Empirical Analysis, F14 - Empirical Studies of Trade, L11 - Production Pricing and Market Structure • Size Distribution of Firms, L25 - Firm Performance: Size Diversification and Scope, Firms;Exports;Enterprises;Trade, |
| Online Access: | http://dx.doi.org/10.18235/0011771 https://publications.iadb.org/en/origins-and-dynamics-export-superstars |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|