Heterogeneous Exporters: Quantitative Differences and Qualitative Similarities

51 Pages Posted: 16 Mar 2017

See all articles by Camila Casas

Camila Casas

Central Bank of Colombia

Federico J. Díez

Federal Reserve Bank of Boston

Alejandra González

Central Bank of Colombia

Date Written: 2017-01-13

Abstract

We combine two detailed datasets on Colombian manufacturing firms and document several stylized facts on exporter heterogeneity of total factor productivity (TFP) and export-market orientation, refining some previously known facts and unveiling some new others. We first show that the exporter productivity premium is remarkably robust across the methodologies used to recover TFP. We then document that the most productive exporters are those that export (1) a higher share of their total production, (2) to a larger number of countries, (3) to destinations less frequently reached by other exporters, (4) a larger number of products, and (5) with greater frequency and stability. In contrast, (6) the type of destination country or (7) the type of exported product has no significant effect on exporter productivity differences. These facts are robust to alternative definitions and specifications and can provide useful guidelines for policy makers.

Keywords: productivity premium, export intensity, export extensive margins

JEL Classification: D24, F14, L60

Suggested Citation

Casas, Camila and Díez, Federico J. and González, Alejandra, Heterogeneous Exporters: Quantitative Differences and Qualitative Similarities (2017-01-13). FRB of Boston Working Paper No. 16-26. Available at SSRN: https://ssrn.com/abstract=2934107

Camila Casas (Contact Author)

Central Bank of Colombia ( email )

Cra. 4 # 7 - 14
Cali
Colombia

Federico J. Díez

Federal Reserve Bank of Boston ( email )

600 Atlantic Avenue
Boston, MA 02210
United States

Alejandra González

Central Bank of Colombia ( email )

Carrera 7 #14-78
3551 de Bogotá
Colombia

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