Export Superstars

We show that very large firms shape country export patterns. Among 32 countries, the top firm on average accounts for 14% of a country’s total (non-oil) exports, and the top five firms make up 30%. These export superstars are also important in the sectoral distribution of exports. Variation in expor...

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Bibliographic Details
Main Authors: Freund, Caroline, Pierola, Martha Denisse
Format: Journal Article
Language:en_US
Published: MIT Press 2016
Subjects:
Online Access:http://hdl.handle.net/10986/23942
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recordtype oai_dc
spelling okr-10986-239422021-04-23T14:04:18Z Export Superstars Freund, Caroline Pierola, Martha Denisse export patterns comparative advantage sectoral composition We show that very large firms shape country export patterns. Among 32 countries, the top firm on average accounts for 14% of a country’s total (non-oil) exports, and the top five firms make up 30%. These export superstars are also important in the sectoral distribution of exports. Variation in exports from the top firm in a country explains about one-third of the variation in sectoral exports relative to income across countries, and variation in exports from the top five firms explains nearly half. Revealed comparative advantage in a sector can be created by a single firm. 2016-03-11T17:58:42Z 2016-03-11T17:58:42Z 2015-12 Journal Article Review of Economics and Statistics http://hdl.handle.net/10986/23942 en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank MIT Press Publications & Research :: Journal Article Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language en_US
topic export patterns
comparative advantage
sectoral composition
spellingShingle export patterns
comparative advantage
sectoral composition
Freund, Caroline
Pierola, Martha Denisse
Export Superstars
description We show that very large firms shape country export patterns. Among 32 countries, the top firm on average accounts for 14% of a country’s total (non-oil) exports, and the top five firms make up 30%. These export superstars are also important in the sectoral distribution of exports. Variation in exports from the top firm in a country explains about one-third of the variation in sectoral exports relative to income across countries, and variation in exports from the top five firms explains nearly half. Revealed comparative advantage in a sector can be created by a single firm.
format Journal Article
author Freund, Caroline
Pierola, Martha Denisse
author_facet Freund, Caroline
Pierola, Martha Denisse
author_sort Freund, Caroline
title Export Superstars
title_short Export Superstars
title_full Export Superstars
title_fullStr Export Superstars
title_full_unstemmed Export Superstars
title_sort export superstars
publisher MIT Press
publishDate 2016
url http://hdl.handle.net/10986/23942
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