The granularity of Spanish exports
Cargando...
Fecha
2017-07-05
Título de la revista
ISSN de la revista
Título del volumen
Editor
Asociación Española de Economía
Springer Alemania
Springer Alemania
Resumen
Using data for all exporters, we show that it is a small group of firms that dominate exports in Spain. For example, in 2015 the top 200 firms were responsible for half of Spanish exports. This concentration has not changed substantially over the 1997–2015 period. The dominance of a few firms, a phenomenon denoted as granularity, also defines the specialization of Spanish exports. If top exporters disappeared, Spain would lose its revealed comparative advantage in 60% of industries, which account for 45% of all Spanish exports. Finally, granularity explains around one-third of the growth in Spanish exports.
Palabras clave
Exports
Granularity
Superstars
Spain
Firm-level data
Granularity
Superstars
Spain
Firm-level data
Descripción
Materias
Cita
Lucio Fernández, J. J. d., Mínguez Fuentes, R., Minondo, A., & Requena Silvente, F. (2017). The granularity of Spanish exports. SERIEs : Journal of the Spanish Economic Association, 8(3), 225-259. https://doi.org/10.1007/S13209-017-0157-X