Li, Yao; Xu, Sichuang; Yeaple, Stephen R.; Zhao, Tengyu - National Bureau of Economic Research - 2024
local institutional knowledge. We posit that a portion of the fixed costs of entering a specific export market can be used … toward costs of acquiring imports from that same market, and vice versa. Using dis-aggregated transactions data for Chinese … scope. Using a structural model, we estimate that the simultaneous export and import in a given country reduces export and …