The Role of Intermediaries in Facilitating Trade forthcoming in Journal of International Economics
The Role of Intermediaries in Facilitating Trade forthcoming in Journal of International Economics
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发表时间：
2010
期刊：
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通讯作者：
JaeBin Ahn;A. Khandelwal;S. Wei
中科院分区：
文献类型：
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作者：
JaeBin Ahn;A. Khandelwal;S. Wei
本文证明了中介机构在促进国际贸易方面发挥着重要作用。我们修改了一个异构的. rm模型，允许一个中介部门。该模型预测.该模型还预测，在更难渗透的市场中，中介机构将相对更为重要。我们使用中国贸易的.我们还提供了证据，证明. rms在通过中间商出口后直接开始出口。
This paper documents that intermediaries play an important role in facilitating international trade. We modify a heterogeneous …rm model to allow for an intermediary sector. The model predicts that …rms will endogenously select their mode of export–either directly or indirectly through an intermediary–based on productivity. The model also predicts that intermediaries will be relatively more important in markets that are more di¢ cult to penetrate. We provide empirical con…rmation for these predictions using the …rm-level census of China’s trade, and generate new facts regarding the activity of intermediaries. We also provide evidence that …rms begin to export directly after exporting through intermediaries.