6533b82bfe1ef96bd128ce12

RESEARCH PRODUCT

SMEs' heterogeneity at the extensive margin and within the intensive margin of trade

Giorgio FazioDavide PiacentinoMartina Aronica

subject

ComputingMilieux_THECOMPUTINGPROFESSIONborn local05 social sciencesGeography Planning and DevelopmentAerospace EngineeringInternational economicsDevelopmentheterogeneity in tradeMargin (machine learning)born global0502 economics and businessEconomics050207 economicsSMEs internationalization

description

In this paper, we contribute to the literature on firm-heterogeneity and trade, by looking not only at the firm-level determinants of trade participation (i.e. extensive margin) but also at differences between firms with different levels of trade intensity (i.e. intensive margin). Further, we compare firms that are born ‘local’ and display different scales of international exposure to firms that are born ‘global’, i.e. access international markets soon after their birth. Using a large World Bank dataset of SMEs from 112 countries and qualitative dependent variable models, our analysis uncovers the heterogeneity of SMEs not only at the extensive margin but also within the intensive margin of trade. Born local and born global firms present different characteristics.

10.1080/09638199.2021.1875024http://hdl.handle.net/10447/477648