The granular hypothesis in EU country exports

Ignacio Del Rosal

Economics Letters, 2013, vol. 120, issue 3, 433-436

Abstract: I investigate whether the ‘granular’ behaviour of aggregate outcomes suggested by Gabaix (2011) is present in country exports by product. Using data for 11 EU countries over the 1988–2011 period, the results show that the idiosyncratic shocks to the main products may have significant effects on total exports for the smaller countries.

Keywords: Aggregate exports; Export concentration; Granular residual (search for similar items in EconPapers)
JEL-codes: C20 F10 F14 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:120:y:2013:i:3:p:433-436

DOI: 10.1016/j.econlet.2013.05.036

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