Exporters Dynamics and the Role of Imports in Argentina

This paper examines the performance of globally engaged firms in Argentina in the past decade. Using highly disaggregated firm-level customs transaction data for imports and exports, the paper documents the progressive retreat of Argentine firms fr...

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Main Authors: Arnoletto, Matias, Franco Bedoya, Sebastian, Reyes, Jose-Daniel
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/805321587577274545/Exporters-Dynamics-and-the-Role-of-Imports-in-Argentina
http://hdl.handle.net/10986/33792
id okr-10986-33792
recordtype oai_dc
spelling okr-10986-337922022-09-20T00:13:33Z Exporters Dynamics and the Role of Imports in Argentina Arnoletto, Matias Franco Bedoya, Sebastian Reyes, Jose-Daniel EXPORTER DYNAMICS EXPORTER GROWTH FIRM-LEVEL DATA ALLOCATIVE EFFICIENCY EXPORT PERFORMANCE IMPORTS GLOBAL MARKET VALUE CHAIN EXPORT CONCENTRATION FIRM ENTRY IMPORT SUBSTITUTION INDUSTRIAL POLICY COMPETITION POLICY COMPETITIVENESS This paper examines the performance of globally engaged firms in Argentina in the past decade. Using highly disaggregated firm-level customs transaction data for imports and exports, the paper documents the progressive retreat of Argentine firms from global markets. Between 2007 and 2017, the number of exporters decreased by 30 percent. Benchmarking the characteristics of these exporters with similar countries reveals that Argentine exporters are disproportionally fewer and individually larger, with export value extremely concentrated in a few firms. Firm churning rates are disproportionately low and survival rates of entrants are high. These findings reflect exceptionally high entry costs of export, which are the result of anti-export bias and import substitution policies that sought unsuccessfully to develop the local industry. The paper shows that exporters that import directly intermediate and capital goods have better export outcomes than other exporters. 2020-05-21T16:23:17Z 2020-05-21T16:23:17Z 2020-04 Working Paper http://documents.worldbank.org/curated/en/805321587577274545/Exporters-Dynamics-and-the-Role-of-Imports-in-Argentina http://hdl.handle.net/10986/33792 English Policy Research Working Paper;No. 9218 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper Latin America & Caribbean Argentina
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic EXPORTER DYNAMICS
EXPORTER GROWTH
FIRM-LEVEL DATA
ALLOCATIVE EFFICIENCY
EXPORT PERFORMANCE
IMPORTS
GLOBAL MARKET
VALUE CHAIN
EXPORT CONCENTRATION
FIRM ENTRY
IMPORT SUBSTITUTION
INDUSTRIAL POLICY
COMPETITION POLICY
COMPETITIVENESS
spellingShingle EXPORTER DYNAMICS
EXPORTER GROWTH
FIRM-LEVEL DATA
ALLOCATIVE EFFICIENCY
EXPORT PERFORMANCE
IMPORTS
GLOBAL MARKET
VALUE CHAIN
EXPORT CONCENTRATION
FIRM ENTRY
IMPORT SUBSTITUTION
INDUSTRIAL POLICY
COMPETITION POLICY
COMPETITIVENESS
Arnoletto, Matias
Franco Bedoya, Sebastian
Reyes, Jose-Daniel
Exporters Dynamics and the Role of Imports in Argentina
geographic_facet Latin America & Caribbean
Argentina
relation Policy Research Working Paper;No. 9218
description This paper examines the performance of globally engaged firms in Argentina in the past decade. Using highly disaggregated firm-level customs transaction data for imports and exports, the paper documents the progressive retreat of Argentine firms from global markets. Between 2007 and 2017, the number of exporters decreased by 30 percent. Benchmarking the characteristics of these exporters with similar countries reveals that Argentine exporters are disproportionally fewer and individually larger, with export value extremely concentrated in a few firms. Firm churning rates are disproportionately low and survival rates of entrants are high. These findings reflect exceptionally high entry costs of export, which are the result of anti-export bias and import substitution policies that sought unsuccessfully to develop the local industry. The paper shows that exporters that import directly intermediate and capital goods have better export outcomes than other exporters.
format Working Paper
author Arnoletto, Matias
Franco Bedoya, Sebastian
Reyes, Jose-Daniel
author_facet Arnoletto, Matias
Franco Bedoya, Sebastian
Reyes, Jose-Daniel
author_sort Arnoletto, Matias
title Exporters Dynamics and the Role of Imports in Argentina
title_short Exporters Dynamics and the Role of Imports in Argentina
title_full Exporters Dynamics and the Role of Imports in Argentina
title_fullStr Exporters Dynamics and the Role of Imports in Argentina
title_full_unstemmed Exporters Dynamics and the Role of Imports in Argentina
title_sort exporters dynamics and the role of imports in argentina
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/805321587577274545/Exporters-Dynamics-and-the-Role-of-Imports-in-Argentina
http://hdl.handle.net/10986/33792
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