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Firms and economic performance: A view from trade

Alessandra Bonfiglioli (), Rosario Crino () and Gino Gancia ()

Economics Working Papers from Department of Economics and Business, Universitat Pompeu Fabra

Abstract: We use transaction-level US import data to compare firms from virtually all countries in the world competing in a single destination market. Guided by a simple theoretical framework, we decompose countries market shares into the contribution of the number of firm-products, their average attributes (quality and efficiency) and heterogeneity around the mean. To further explore the role of exceptional firms, we develop a novel decomposition that identifies the contribution of deviations from continuous distributions. We then study how the distribution of firm-level characteristics varies across countries. Our results shed new light on how firms shape aggregate economic performance.

Keywords: US Imports; Firm Heterogeneity; International Trade; Prices; Quality; Variety; Granularity. (search for similar items in EconPapers)
JEL-codes: F12 F14 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-bec, nep-eff and nep-int
Date: 2018-03, Revised 2019-07
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Related works:
Working Paper: Firms and Economic Performance: A view from Trade (2018) Downloads
Working Paper: Firms and Economic Performance: A View from Trade (2018) Downloads
Working Paper: Firms and Economic Performance: A View from Trade (2018) Downloads
Working Paper: Firms and Economic Performance: A View from Trade (2018) Downloads
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