Volatility and diversification of exports: firm-level theory and evidence
(2016)
Journal Article
Vannoorenberghe, G., Wang, Z., & Yu, Z. (2016). Volatility and diversification of exports: firm-level theory and evidence. European Economic Review, 89(October), 216-247. https://doi.org/10.1016/j.euroecorev.2016.07.002
We show using detailed firm-level Chinese data that, among small exporters, firms selling to a more diversified set of countries have more volatile exports, while the opposite holds among large exporters. This a priori surprising result for small fir... Read More about Volatility and diversification of exports: firm-level theory and evidence.