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Author: | Iacovone, L. Javorcik, B.S. |
Title: | Multi-product exporters: product churning, uncertainty and export discoveries |
Journal: | Economic Journal
2010 : MAY, VOL 120:544 p. 481-499 |
Index terms: | international trade products Mexico INTERNATIONAL TRADE exporting |
Language: | eng |
Abstract: | Recent research on international trade focuses on firm-product-level heterogeneity and the role of uncertainty in shaping international trade. This paper contributes to the literature by examining product-level dynamics within firms in the context of Mexican trade integration under NAFTA. The data show that new exporters enter foreign markets with a small number of varieties, most of which were previously sold at home, and with a small volume. It is also suggested that export discoveries are comparatively rare and are imitated within a short period of time. |
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