Trade Intermediation and the Organization of Exporters

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Show simple item record Felbermayr, Gabriel J. de_DE Jung, Benjamin de_DE 2011-02-04 de_DE 2014-03-18T10:03:37Z 2011-02-04 de_DE 2014-03-18T10:03:37Z 2011 de_DE
dc.identifier.other 337028192 de_DE
dc.identifier.uri de_DE
dc.description.abstract The business literature and recent descriptive evidence show that exporting rms typically require the help of foreign trade intermediaries or need to set up own foreign wholesale affiliates. In contrast, conventional trade theory models assume that producers can directly access foreign consumers. This paper introduces intermediaries in an international trade model where producers dier with respect to productivity as well as regarding their varieties' perceived quality and tradability. We assume that trade intermediation is prone to frictions due to the absence of enforceable cross-country contracts while own wholesale subsidiaries require capital investment. We derive the sorting pattern of rms according to their degree of competitive advantage and show how the relative prevalence of intermediation depends on the degree of heterogeneity among producers, on the importance of market-specicity of goods, or on expropriation risk. We use US export data for 50 sectors and 133 destination countries to check the empirical validity of this predictions and nd robust empirical support. en
dc.language.iso en de_DE
dc.publisher Universität Tübingen de_DE
dc.rights ubt-podno de_DE
dc.rights.uri de_DE
dc.rights.uri en
dc.subject.classification Welthandel de_DE
dc.subject.ddc 330 de_DE
dc.subject.other Trade intermediation , Heterogeneous firms , Incomplete contracts en
dc.title Trade Intermediation and the Organization of Exporters en
dc.type ResearchPaper de_DE 2014-02-25 de_DE
utue.publikation.fachbereich Wirtschaftswissenschaften de_DE
utue.publikation.fakultaet 6 Wirtschafts- und Sozialwissenschaftliche Fakultät de_DE
dcterms.DCMIType Text de_DE
utue.publikation.typ workingPaper de_DE 5426 de_DE
utue.opus.portal wiwidisk de_DE
utue.opus.portalzaehlung 331.00000 de_DE
utue.publikation.source Tübinger Diskussionsbeiträge der Wirtschaftswissenschaftlichen Fakultät ; 331 de_DE
utue.publikation.reihenname Tübinger Diskussionsbeitrag de_DE
utue.publikation.zsausgabe 331
utue.publikation.erstkatid 2136475-8


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