Abstract

http://ssrn.com/abstract=1463198
 
 

References (35)



 
 

Citations (9)



 


 



Trade Complexity and Productivity


Gabor Bekes


Hungarian Academy of Sciences (HAS) - Research Centre for Economic and Regional Studies

Carlo Altomonte


Bocconi University - Department of Policy Analysis and Public Management

August 28, 2009

FEEM Working Paper No. 62.2009

Abstract:     
We exploit a panel dataset of Hungarian firms merged with product-level trade data for the period 1992-2003 to investigate the relation between firms' trading activities (importing, exporting or both) and productivity. We find important self-selection effects of the most productive firms induced by the existence of heterogeneous sunk costs of trade, for both importers and exporters. We relate these sunk costs of trade to the relationship-specific nature of the trade activities, entailing a certain degree of technological and organizational complexity. We also show that, to the extent that imports and exports are correlated within firms, failing to control for the importing activity leads to overstated average productivity premia of exporters.

Number of Pages in PDF File: 37

Keywords: Trade Openness, Firms' Heterogeneity, Productivity

JEL Classification: F12, F14, L25

working papers series


Download This Paper

Date posted: August 30, 2009  

Suggested Citation

Bekes, Gabor and Altomonte, Carlo, Trade Complexity and Productivity (August 28, 2009). FEEM Working Paper No. 62.2009. Available at SSRN: http://ssrn.com/abstract=1463198 or http://dx.doi.org/10.2139/ssrn.1463198

Contact Information

Gabor Bekes (Contact Author)
Hungarian Academy of Sciences (HAS) - Research Centre for Economic and Regional Studies ( email )
7621 Pécs, Papnovelde u. 22
Budapest, H-1112
Hungary
HOME PAGE: http://www.econ.core.hu/alt_jobb.php?cmd=user&lang=en&userneve=bekes
Carlo Altomonte
Bocconi University - Department of Policy Analysis and Public Management ( email )
Via Roentgen 1
Milan, 20136
Italy
Feedback to SSRN


Paper statistics
Abstract Views: 229
Downloads: 35
References:  35
Citations:  9

© 2014 Social Science Electronic Publishing, Inc. All Rights Reserved.  FAQ   Terms of Use   Privacy Policy   Copyright   Contact Us
This page was processed by apollo4 in 0.266 seconds