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The collapse of French exports in the Covid crisis: mainly those of large business units

COVID et exportations françaises en chute, surtout des gros opérateurs

Jean-Charles Bricongne, Juan Carluccio, Lionel Fontagné, Guillaume Gaulier and Sebastian Stumpner

Eco Notepad (in progress) from Banque de France

Abstract: The Covid-19 crisis led to a collapse of French exports in April and May 2020. Using customs data, we investigate the role of the performance of individual exporters. Although the number of exporters contracted by roughly a quarter, excluding aeronautics, it was the reduction in exports of the hundred or so largest exporters (representing 36% of French exports before Covid) that accounted for approximately half of the decline observed at the aggregate level.

La crise de la Covid-19 a entraîné un effondrement des exportations françaises en avril et mai 2020. À l’aide des données douanières nous étudions le rôle des performances individuelles des exportateurs. Bien que le nombre d’exportateurs se soit contracté d’environ un quart, hors aéronautique c’est la réduction des exportations de la centaine des plus grands exportateurs (représentant 36% des exportations françaises avant la Covid) qui explique environ la moitié de la chute observée au niveau agrégé.

Date: 2021-11-12
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https://www.banque-france.fr/en/publications-and-s ... large-business-units
https://www.banque-france.fr/fr/publications-et-st ... -des-gros-operateurs

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Persistent link: https://EconPapers.repec.org/RePEc:bfr:econot:238

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