Exporters Dynamics and the Role of Imports in Argentina

This paper examines the performance of globally engaged firms in Argentina in the past decade. Using highly disaggregated firm-level customs transaction data for imports and exports, the paper documents the progressive retreat of Argentine firms from global markets. Between 2007 and 2017, the number of exporters decreased by 30 percent. Benchmarking the characteristics of these exporters with similar countries reveals that Argentine exporters are disproportionally fewer and individually larger, with export value extremely concentrated in a few firms. Firm churning rates are disproportionately low and survival rates of entrants are high. These findings reflect exceptionally high entry costs of export, which are the result of anti-export bias and import substitution policies that sought unsuccessfully to develop the local industry. The paper shows that exporters that import directly intermediate and capital goods have better export outcomes than other exporters.

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Bibliographic Details
Main Authors: Arnoletto, Matias, Franco Bedoya, Sebastian, Reyes, Jose-Daniel
Format: Working Paper biblioteca
Language:English
Published: World Bank, Washington, DC 2020-04
Subjects:EXPORTER DYNAMICS, EXPORTER GROWTH, FIRM-LEVEL DATA, ALLOCATIVE EFFICIENCY, EXPORT PERFORMANCE, IMPORTS, GLOBAL MARKET, VALUE CHAIN, EXPORT CONCENTRATION, FIRM ENTRY, IMPORT SUBSTITUTION, INDUSTRIAL POLICY, COMPETITION POLICY, COMPETITIVENESS,
Online Access:http://documents.worldbank.org/curated/en/805321587577274545/Exporters-Dynamics-and-the-Role-of-Imports-in-Argentina
https://hdl.handle.net/10986/33792
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