Superstar exporters: An empirical investigation of strategic interactions in Danish export markets
نویسندگان
چکیده
In many countries, exports are highly concentrated among a few “superstar” firms. We estimate the export decisions of superstar firms as result complete information, simultaneous, discrete choice, static entry game. employ dataset on universe Danish trade transactions by firm, product and destination. also obtain detailed information applied, preferential tariff protection from MAcMap-HS6 database. find evidence strong negative competitive effects entry: in absence strategic effects, would be 53.2 percentage points more likely to given market. Next, we run two counterfactual exercises. show that failing account for interaction exporters leads to: (i) overstating probability start exporting market following elimination factor two; and, (ii) stop if tariffs were imposed than five.
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ژورنال
عنوان ژورنال: Journal of International Economics
سال: 2021
ISSN: ['0022-1996', '1873-0353']
DOI: https://doi.org/10.1016/j.jinteco.2020.103405