The Role of Imports for Exporter Performance in Peru

Using highly disaggregated firm-level customs transaction data for imports and exports in Peru over the 2000–2012 period, this paper explores the relationship between imports of intermediate inputs and firm export performance. The paper shows that...

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Main Authors: Pierola, Martha Denisse, Fernandes, Ana Margarida, Farole, Thomas
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2015
Subjects:
GDP
Online Access:http://documents.worldbank.org/curated/en/2015/11/25462527/role-imports-exporter-performance-peru
http://hdl.handle.net/10986/23458
id okr-10986-23458
recordtype oai_dc
spelling okr-10986-234582021-04-23T14:04:15Z The Role of Imports for Exporter Performance in Peru Pierola, Martha Denisse Fernandes, Ana Margarida Farole, Thomas TARIFFS GROWTH RATES CUSTOMS ADMINISTRATION IMPORT GROWTH EXPORT MARKETS ECONOMIC GROWTH CUSTOMS CLEARANCE PROCEDURES TARIFF RATES PRODUCTION BARRIERS TO TRADE IMPORT VALUE CUSTOMS MANAGEMENT SYSTEM EXPORT SECTORS INCOME TOTAL IMPORTS FOREIGN OWNERSHIP IMPORT EXPORT PERFORMANCE GDP PER CAPITA EXPORTS TRANSMISSION OF TECHNOLOGY POLITICAL ECONOMY EXPORTERS EXPORT PRICES DEMAND ELASTICITIES PORTFOLIO VARIABLES CUSTOMS TERRITORY CUSTOMS CLEARANCE INPUTS TRADE PERFORMANCE DUMMY VARIABLE TARIFFS ON IMPORT SPECIAL REGIME TRENDS CUSTOMS CLEARANCE TRADE AGREEMENTS POVERTY REDUCTION FINAL GOODS CUSTOMS PROCEDURES CUSTOMS PROCEDURES DEVELOPMENT FOREIGN MARKETS PREFERENTIAL TRADE AGREEMENTS GROSS EXPORTS FOREIGN TRADE TOTAL FACTOR PRODUCTIVITY CURRENCY DEVELOPMENT ECONOMICS EXPORT GROWTH TELECOMMUNICATIONS LIBERALIZATIONS TARIFF LINE DOMESTIC INPUTS FIXED COSTS EXCHANGE RATES CUSTOMS PRODUCTIVITY QUOTAS APPAREL SECTOR MARKETS OIL IMPORTS ACCESS TRADE MODELS INTERNATIONAL ECONOMICS IMPORTS TRADE POLICY INVENTORY EXPORT MARKET IMPORT DECLARATION LIBERALIZATION CUSTOMS TERRITORY EXPORT VALUE APPLIED TARIFF PRODUCTIVITY GROWTH CONSUMPTION VALUE ADDED TOTAL EXPORTS CAPITAL INTERNATIONAL FINANCIAL STATISTICS INTERNATIONAL TRADE VALUE DEPENDENT VARIABLE COMPETITIVENESS PRODUCTION FUNCTIONS IMPORT VALUES FOREIGN TECHNOLOGY WORLD ECONOMY EXPORT PRODUCTS DEMAND DIVERSIFICATION OF EXPORT TARIFF RATE INTERMEDIATE GOODS ECONOMY AGRICULTURE IMPORT GROWTH OIL EXPORTS TRADE FACILITATION MEASUREMENT IMPORT SHARE LOCAL CURRENCY TRADE LIBERALIZATION PRODUCTION FUNCTION EXPORTER CAPITAL GOODS FIXED EFFECTS EXPOSURE EXPORT SECTOR ENDOGENOUS GROWTH THEORY TRADE GDP GOODS THEORY CUSTOMS MANAGEMENT SYSTEM HIGH-INCOME COUNTRIES HIGH- INCOME COUNTRIES INPUT TRADE INVESTMENT CLIMATE PREFERENTIAL TRADE CUSTOMS VALUE CUSTOMS CLEARANCE PROCEDURES TARIFF SUPPLY INTERMEDIATE IMPORTS TRADE FACILITATION TARIFFS ON IMPORTS IMPORT DECLARATION GROWTH THEORY TARIFF RATE TOTAL OUTPUT COUNTRY OF ORIGIN INTERMEDIATE INPUTS APPAREL OUTCOMES TECHNICAL BARRIERS SOURCING IMPORT VALUE EXPORT SHARE DEVELOPMENT POLICY CONSOLIDATION TOTAL EXPORT Using highly disaggregated firm-level customs transaction data for imports and exports in Peru over the 2000–2012 period, this paper explores the relationship between imports of intermediate inputs and firm export performance. The paper shows that greater use, variety, and quality of imported intermediate inputs is significantly correlated with higher exports, faster export growth, greater diversification of export markets, and higher quality exports (as measured by relative unit prices) at the firm level. This relationship is robust and persistent to controls for unobserved firm heterogeneity and year fixed effects. The use of imported inputs is also associated with higher productivity at the firm level. Considering the relationship between specific trade policy measures and the import performance of those exporters that are direct importers, the analysis shows that those exposed to higher tariffs and nontariff measures import less in total and exhibit lower import variety. The use of the advanced clearance procedure as the modality to clear customs for imports is favorable to the import performance of exporter-importers, in that the users of the modality import more and import a more diversified bundle of inputs than those that do not use it, even after controlling for firm size. 2015-12-18T20:52:33Z 2015-12-18T20:52:33Z 2015-11 Working Paper http://documents.worldbank.org/curated/en/2015/11/25462527/role-imports-exporter-performance-peru http://hdl.handle.net/10986/23458 English en_US Policy Research Working Paper;No. 7492 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Peru
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic TARIFFS
GROWTH RATES
CUSTOMS ADMINISTRATION
IMPORT GROWTH
EXPORT MARKETS
ECONOMIC GROWTH
CUSTOMS CLEARANCE PROCEDURES
TARIFF RATES
PRODUCTION
BARRIERS TO TRADE
IMPORT VALUE
CUSTOMS MANAGEMENT SYSTEM
EXPORT SECTORS
INCOME
TOTAL IMPORTS
FOREIGN OWNERSHIP
IMPORT
EXPORT PERFORMANCE
GDP PER CAPITA
EXPORTS
TRANSMISSION OF TECHNOLOGY
POLITICAL ECONOMY
EXPORTERS
EXPORT PRICES
DEMAND ELASTICITIES
PORTFOLIO
VARIABLES
CUSTOMS TERRITORY
CUSTOMS CLEARANCE
INPUTS
TRADE PERFORMANCE
DUMMY VARIABLE
TARIFFS ON IMPORT
SPECIAL REGIME
TRENDS
CUSTOMS CLEARANCE
TRADE AGREEMENTS
POVERTY REDUCTION
FINAL GOODS
CUSTOMS PROCEDURES
CUSTOMS PROCEDURES
DEVELOPMENT
FOREIGN MARKETS
PREFERENTIAL TRADE AGREEMENTS
GROSS EXPORTS
FOREIGN TRADE
TOTAL FACTOR PRODUCTIVITY
CURRENCY
DEVELOPMENT ECONOMICS
EXPORT GROWTH
TELECOMMUNICATIONS
LIBERALIZATIONS
TARIFF LINE
DOMESTIC INPUTS
FIXED COSTS
EXCHANGE RATES
CUSTOMS
PRODUCTIVITY
QUOTAS
APPAREL SECTOR
MARKETS
OIL IMPORTS
ACCESS
TRADE MODELS
INTERNATIONAL ECONOMICS
IMPORTS
TRADE POLICY
INVENTORY
EXPORT MARKET
IMPORT DECLARATION
LIBERALIZATION
CUSTOMS TERRITORY
EXPORT VALUE
APPLIED TARIFF
PRODUCTIVITY GROWTH
CONSUMPTION
VALUE ADDED
TOTAL EXPORTS
CAPITAL
INTERNATIONAL FINANCIAL STATISTICS
INTERNATIONAL TRADE
VALUE
DEPENDENT VARIABLE
COMPETITIVENESS
PRODUCTION FUNCTIONS
IMPORT VALUES
FOREIGN TECHNOLOGY
WORLD ECONOMY
EXPORT PRODUCTS
DEMAND
DIVERSIFICATION OF EXPORT
TARIFF RATE
INTERMEDIATE GOODS
ECONOMY
AGRICULTURE
IMPORT GROWTH
OIL EXPORTS
TRADE FACILITATION
MEASUREMENT
IMPORT SHARE
LOCAL CURRENCY
TRADE LIBERALIZATION
PRODUCTION FUNCTION
EXPORTER
CAPITAL GOODS
FIXED EFFECTS
EXPOSURE
EXPORT SECTOR
ENDOGENOUS GROWTH THEORY
TRADE
GDP
GOODS
THEORY
CUSTOMS MANAGEMENT SYSTEM
HIGH-INCOME COUNTRIES
HIGH- INCOME COUNTRIES
INPUT TRADE
INVESTMENT CLIMATE
PREFERENTIAL TRADE
CUSTOMS VALUE
CUSTOMS CLEARANCE PROCEDURES
TARIFF
SUPPLY
INTERMEDIATE IMPORTS
TRADE FACILITATION
TARIFFS ON IMPORTS
IMPORT DECLARATION
GROWTH THEORY
TARIFF RATE
TOTAL OUTPUT
COUNTRY OF ORIGIN
INTERMEDIATE INPUTS
APPAREL
OUTCOMES
TECHNICAL BARRIERS
SOURCING
IMPORT VALUE
EXPORT SHARE
DEVELOPMENT POLICY
CONSOLIDATION
TOTAL EXPORT
spellingShingle TARIFFS
GROWTH RATES
CUSTOMS ADMINISTRATION
IMPORT GROWTH
EXPORT MARKETS
ECONOMIC GROWTH
CUSTOMS CLEARANCE PROCEDURES
TARIFF RATES
PRODUCTION
BARRIERS TO TRADE
IMPORT VALUE
CUSTOMS MANAGEMENT SYSTEM
EXPORT SECTORS
INCOME
TOTAL IMPORTS
FOREIGN OWNERSHIP
IMPORT
EXPORT PERFORMANCE
GDP PER CAPITA
EXPORTS
TRANSMISSION OF TECHNOLOGY
POLITICAL ECONOMY
EXPORTERS
EXPORT PRICES
DEMAND ELASTICITIES
PORTFOLIO
VARIABLES
CUSTOMS TERRITORY
CUSTOMS CLEARANCE
INPUTS
TRADE PERFORMANCE
DUMMY VARIABLE
TARIFFS ON IMPORT
SPECIAL REGIME
TRENDS
CUSTOMS CLEARANCE
TRADE AGREEMENTS
POVERTY REDUCTION
FINAL GOODS
CUSTOMS PROCEDURES
CUSTOMS PROCEDURES
DEVELOPMENT
FOREIGN MARKETS
PREFERENTIAL TRADE AGREEMENTS
GROSS EXPORTS
FOREIGN TRADE
TOTAL FACTOR PRODUCTIVITY
CURRENCY
DEVELOPMENT ECONOMICS
EXPORT GROWTH
TELECOMMUNICATIONS
LIBERALIZATIONS
TARIFF LINE
DOMESTIC INPUTS
FIXED COSTS
EXCHANGE RATES
CUSTOMS
PRODUCTIVITY
QUOTAS
APPAREL SECTOR
MARKETS
OIL IMPORTS
ACCESS
TRADE MODELS
INTERNATIONAL ECONOMICS
IMPORTS
TRADE POLICY
INVENTORY
EXPORT MARKET
IMPORT DECLARATION
LIBERALIZATION
CUSTOMS TERRITORY
EXPORT VALUE
APPLIED TARIFF
PRODUCTIVITY GROWTH
CONSUMPTION
VALUE ADDED
TOTAL EXPORTS
CAPITAL
INTERNATIONAL FINANCIAL STATISTICS
INTERNATIONAL TRADE
VALUE
DEPENDENT VARIABLE
COMPETITIVENESS
PRODUCTION FUNCTIONS
IMPORT VALUES
FOREIGN TECHNOLOGY
WORLD ECONOMY
EXPORT PRODUCTS
DEMAND
DIVERSIFICATION OF EXPORT
TARIFF RATE
INTERMEDIATE GOODS
ECONOMY
AGRICULTURE
IMPORT GROWTH
OIL EXPORTS
TRADE FACILITATION
MEASUREMENT
IMPORT SHARE
LOCAL CURRENCY
TRADE LIBERALIZATION
PRODUCTION FUNCTION
EXPORTER
CAPITAL GOODS
FIXED EFFECTS
EXPOSURE
EXPORT SECTOR
ENDOGENOUS GROWTH THEORY
TRADE
GDP
GOODS
THEORY
CUSTOMS MANAGEMENT SYSTEM
HIGH-INCOME COUNTRIES
HIGH- INCOME COUNTRIES
INPUT TRADE
INVESTMENT CLIMATE
PREFERENTIAL TRADE
CUSTOMS VALUE
CUSTOMS CLEARANCE PROCEDURES
TARIFF
SUPPLY
INTERMEDIATE IMPORTS
TRADE FACILITATION
TARIFFS ON IMPORTS
IMPORT DECLARATION
GROWTH THEORY
TARIFF RATE
TOTAL OUTPUT
COUNTRY OF ORIGIN
INTERMEDIATE INPUTS
APPAREL
OUTCOMES
TECHNICAL BARRIERS
SOURCING
IMPORT VALUE
EXPORT SHARE
DEVELOPMENT POLICY
CONSOLIDATION
TOTAL EXPORT
Pierola, Martha Denisse
Fernandes, Ana Margarida
Farole, Thomas
The Role of Imports for Exporter Performance in Peru
geographic_facet Peru
relation Policy Research Working Paper;No. 7492
description Using highly disaggregated firm-level customs transaction data for imports and exports in Peru over the 2000–2012 period, this paper explores the relationship between imports of intermediate inputs and firm export performance. The paper shows that greater use, variety, and quality of imported intermediate inputs is significantly correlated with higher exports, faster export growth, greater diversification of export markets, and higher quality exports (as measured by relative unit prices) at the firm level. This relationship is robust and persistent to controls for unobserved firm heterogeneity and year fixed effects. The use of imported inputs is also associated with higher productivity at the firm level. Considering the relationship between specific trade policy measures and the import performance of those exporters that are direct importers, the analysis shows that those exposed to higher tariffs and nontariff measures import less in total and exhibit lower import variety. The use of the advanced clearance procedure as the modality to clear customs for imports is favorable to the import performance of exporter-importers, in that the users of the modality import more and import a more diversified bundle of inputs than those that do not use it, even after controlling for firm size.
format Working Paper
author Pierola, Martha Denisse
Fernandes, Ana Margarida
Farole, Thomas
author_facet Pierola, Martha Denisse
Fernandes, Ana Margarida
Farole, Thomas
author_sort Pierola, Martha Denisse
title The Role of Imports for Exporter Performance in Peru
title_short The Role of Imports for Exporter Performance in Peru
title_full The Role of Imports for Exporter Performance in Peru
title_fullStr The Role of Imports for Exporter Performance in Peru
title_full_unstemmed The Role of Imports for Exporter Performance in Peru
title_sort role of imports for exporter performance in peru
publisher World Bank, Washington, DC
publishDate 2015
url http://documents.worldbank.org/curated/en/2015/11/25462527/role-imports-exporter-performance-peru
http://hdl.handle.net/10986/23458
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