Canada's Exporters and Importers: Concentration, Foreign Ownership, and Productivity
Ram C. Acharya
Canadian Public Policy, 2016, vol. 42, issue 2, 194-211
Abstract:
Using firm level data in Canada from 2002 to 2007, I show that trade is highly concentrated, much more than employment. Firms that both export and import are more productive than firms that only export, which are more productive than firms that only import. Foreign-controlled firms are larger, export more per employee, and have higher productivity compared to Canadian-controlled counterparts. The intensity of global value chains is higher for firms that are smaller, have higher numbers of export products and export partner countries, and are under foreign control. The role of new products and new firms is falling for Canada's exporter.
Date: 2016
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