Wednesday 26 May 2021 12:30 - 14:00

ONLINE

To receive invites to online International Economics Seminars, please join our mailing list for this series. Subscribe/Unsubscribe here (seminar_macroiep).

About this event

In this paper, we propose a statistical model of multi-product exporters to characterize the null hypothesis of random product size distribution. It serves as a benchmark to test the empirical facts and predictions of theoretical models. We show that the statistical model accounts for some well-documented differences between large and small scope exporters that are consistent with many theoretical models, including the ones featuring core competencies, productivity differences, and economies of scope. It provides a particularly good fit for patterns that involve order statistics, such as the differences between how much large and small scope exporters sell in their best/least selling products and variation in the ratio of sales between the best and the second best selling products.

Participants are expected to adhere to the CEP Events Code of Conduct.

Directions

International Economics Seminars are part of the CEP's Trade programme.