Volatility and diversification of exports: firm level theory and evidence

We show using detailed firm-level Chinese data that, among small exporters, firms selling to a more diversified set of countries have more volatile exports, while the opposite holds among large exporters. This apriori surprising result for small firms is robust to a wide array of specifications and...

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Bibliographic Details
Main Authors: Vannoorenberghe, Gonzague, Zheng, Wang, Yu, Zhihong
Format: Article
Published: Elsevier 2016
Subjects:
Online Access:https://eprints.nottingham.ac.uk/35456/