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We use network-analysis tools to identify communities in the web of exporters' destinations. Our network-based community measure is purely outcome-based; it captures multilateral rather than bilateral dependence across countries; and it can be calculated at the industry level. We next use our...
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Using data for all exporters, we show that it is a small group of firms that dominate exports in Spain. For example, in … 2015 the top 200 firms were responsible for half of Spanish exports. This concentration has not changed substantially over … of Spanish exports. If top exporters disappeared, Spain would lose its revealed comparative advantage in 60% of …
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Using data for all exporters, we show that it is a small group of firms that dominate exports in Spain. For example, in … 2015 the top 200 firms were responsible for half of Spanish exports. This concentration has not changed substantially over … of Spanish exports. If top exporters disappeared, Spain would lose its revealed comparative advantage in 60% of …
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To estimate correctly the effect of variable trade costs on firms’ exports, the gravity equation should control for the …
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