Assortative Matching of Exporters and Importers
Assortative Matching of Exporters and Importers
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DOI:
10.1162/rest_a_01114
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发表时间:
2021-10
影响因子:
8
通讯作者:
Y. Sugita;Kensuke Teshima;Enrique Seira
中科院分区:
文献类型:
--
作者:
Y. Sugita;Kensuke Teshima;Enrique Seira
This paper studies how exporting and importing firms match based on their capability by investigating the change in such exporter-importer matching during trade liberalization. During the recent liberalization of the Mexico-U.S. textile and apparel trade, exporters and importers often switch their main partners as well as change trade volumes. We develop a many-to-many matching model of exporters and importers where partner switching is the principal margin of adjustment, featuring Beckerian positive assortative matching by capability. Trade liberalization achieves efficient global buyer-supplier matching and improves consumer welfare by inducing systematic partner switching. The data confirm the predicted partner-switching patterns.