Browsing by Author "Blum, Bernardo S."
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- ItemA balls-and-bins model of trade: Comment(2016) Blum, Bernardo S.; Claro Edwards, Sebastián; Horstmann, Ignatius J.
- ItemInventory Management, Product Quality, and Cross-Country Income Differences(2019) Blum, Bernardo S.; Claro, Sebastian; Dasgupta, Kunal; Horstmann, Ignatius J.
- ItemThe DNA of New Exporters: Spin-offs and FDI at the Extensive Margin of Trade(2020) Blum, Bernardo S.; Claro, Sebastian; Horstmann, Ignatius; Tombe, TrevorOther than that new exporters account for a large part of aggregate export growth, we know little else. We document that aggregate export growth in Chile is driven by only a few new exporters. These exporters are new business entities, operate new plants, and behave much like experienced exporters: they start large and have high survival rates. Moreover, 70 percent of these new firms are owned by existing businesses and are likely the by-product of either domestic spin-offs or foreign direct investment (24 percent). By focusing on the average new exporter, the existing models of new exporter dynamics miss these key features of export growth.