Exporter Behavior, Country Size and Stage of Development

This paper presents new data on the micro structure of the export sector for 45 countries and studies how exporter behavior varies with country size and stage of development. Larger countries and more developed countries have more exporters, larger exporters, and a greater share of exports controlled by the top 5 percent. The extensive margin (more firms) plays a greater role than the intensive margin (average size) in supporting exports of larger countries. In contrast, the intensive margin is relatively more important in explaining the exports of richer countries. Exporter entry and exit rates are higher and entrant survival is lower at an early stage of development. The paper discusses the results in light of trade theories with heterogeneous firms and the empirical literature on resource allocation, firm size, and development. An implication from the findings is that developing countries export less because the top of the firm-size distribution is truncated.

Bibliographic Details

Main Authors:	Fernandes, Ana M., Freund, Caroline, Pierola, Martha Denisse
Format:	Working Paper biblioteca
Language:	English en_US
Published:	World Bank, Washington, DC 2015-10
Subjects:	SUNK COSTS, MICRO STRUCTURE, TAXES, WELFARE, INTERNATIONAL BANK, SUPPLY, WORLD TRADE ORGANIZATION, INSTRUMENTS, WARRANTS, OIL EXPORTING COUNTRIES, OUTCOMES, EXCHANGE RATES, SUPPLY SHOCKS, INVESTING, POVERTY, TRADE REGIMES, EXPORTERS, PROFITS, PURCHASING POWER, TRADE REGIME, TRADE PERFORMANCE, INVESTMENT, FINANCIAL CRISIS, ECONOMY, TRANSACTIONS, DEMAND, GDP, LESS DEVELOPED COUNTRIES, RETURNS, POVERTY REDUCTION, THEORY, COUNTRY FIXED EFFECTS, DOMESTIC MARKET, TRADE LIBERALIZATION, DISTRIBUTION, UNCERTAINTY, ECONOMIC RESEARCH, TRADE STATISTICS, DEVELOPMENT POLICY, EXPORTER, MARKET ACCESS, CURRENCY, INTERNATIONAL ECONOMICS, SHARE, EXCHANGE RATE, MARKET DYNAMICS, DISTORTIONS, WEALTH, GROWTH RATES, VARIABLES, COMPARATIVE ADVANTAGE, CONSOLIDATION, RETURNS TO SCALE, INTERNATIONAL FINANCIAL STATISTICS, LIBERALIZATION, SCATTER PLOT, TRUST FUND, EXPORT VOLUMES, FUTURE, INSURANCE, FIXED EFFECTS, INPUTS, ECONOMIC DEVELOPMENT, GOODS, ACCOUNTING, GOOD, GRAVITY MODELS, PURCHASING POWER PARITY, INFLUENCE, BILATERAL TRADE, FUTURE RESEARCH, GDP PER CAPITA, WORLD TRADE, FOREIGN MARKETS, EXPORT MARKET, EXCHANGE RATE SHOCKS, UNCERTAINTIES, COLONIZER, EXCHANGE MARKET, BUDGET, TARIFFS, DEVELOPMENT, DUMMY VARIABLE, POLITICAL ECONOMY, COMMON COLONIZER, TAX, CHECK, TRADE DATA, TRADE BARRIERS, ECONOMIES, MARKET, MACROECONOMICS, MARGINAL PRODUCTS, MARKETS, LOCAL CURRENCY, EXCHANGE, TOTAL EXPORTS, CONSOLIDATION PROCESS, INTERNATIONAL TRADE, TAXATION, COIN, DISTORTION, OPTION, FIXED COSTS, INCOME, ROBUSTNESS CHECK, EXPORTS, TRADE SHOCK, MICRO DATA, LABOR MARKET, REAL EXCHANGE RATE, HOLDING, DEVELOPING COUNTRY, FINANCIAL SUPPORT, PRODUCTIVITY, INTEREST, EXPORT GROWTH, OPEN ECONOMY, EMERGING MARKETS, TOTAL EXPORT, TURNOVER, VALUE, COSTS, EXPORT MARKETS, RE-EXPORTS, WAREHOUSES, INCOME LEVELS, FIRM PERFORMANCE, DEPENDENT VARIABLE, ECONOMICS, TRADE, DEVELOPING COUNTRIES, ECONOMIC POLICY, FINANCE, PROPERTIES, WORLD DEVELOPMENT INDICATORS,
Online Access:	http://documents.worldbank.org/curated/en/2015/10/25176979/exporter-behavior-country-size-stage-development-evidence-exporter-dynamics-database https://hdl.handle.net/10986/22865
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