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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP13700 |
DP13700 Firm Size, Quality Bias and Import Demand | |
Joaquin Blaum; Claire Lelarge; Michael Peters | |
发表日期 | 2019-04-28 |
出版年 | 2019 |
语种 | 英语 |
摘要 | Commonly used firm-based models of importing imply that firm productivity should have no effect on the allocation of expenditure across a common set of sourcing countries. Using French data, we show that this homotheticity property is soundly rejected: larger firms concentrate their import spending on their top varieties, holding the sourcing strategy fixed. To rationalize this finding, we propose a novel model of importing that features (i) a complementarity between firm productivity and input quality and (ii) heterogeneity across countries in their ability to produce high quality inputs. This model implies that large firms bias their spending towards countries with a comparative advantage in producing high quality inputs and hence generates a non-homothetic import demand system. We provide empirical support for this and other predictions of this theory. |
主题 | International Trade and Regional Economics |
关键词 | Trade in intermediate inputs Firm heterogeneity Firm size Non-homothetic import demand Quality-productivity complementarity |
URL | https://cepr.org/publications/dp13700 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542562 |
推荐引用方式 GB/T 7714 | Joaquin Blaum,Claire Lelarge,Michael Peters. DP13700 Firm Size, Quality Bias and Import Demand. 2019. |
条目包含的文件 | 条目无相关文件。 |
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