The granularity of Spanish exports

Abstract Using data for all exporters, we show that it is a small group of firms that dominate exports in Spain. For example, in 2015 the top 200 firms were responsible for half of Spanish exports. This concentration has not changed substantially over the 1997–2015 period. The dominance of a few fir...

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Main Authors: Juan de Lucio, Raúl Mínguez, Asier Minondo, Francisco Requena
Format: Article
Language:English
Published: SpringerOpen 2017-07-01
Series:SERIEs: Journal of the Spanish Economic Association
Subjects:
Online Access:http://link.springer.com/article/10.1007/s13209-017-0157-x
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author Juan de Lucio
Raúl Mínguez
Asier Minondo
Francisco Requena
author_facet Juan de Lucio
Raúl Mínguez
Asier Minondo
Francisco Requena
author_sort Juan de Lucio
collection DOAJ
description Abstract Using data for all exporters, we show that it is a small group of firms that dominate exports in Spain. For example, in 2015 the top 200 firms were responsible for half of Spanish exports. This concentration has not changed substantially over the 1997–2015 period. The dominance of a few firms, a phenomenon denoted as granularity, also defines the specialization of Spanish exports. If top exporters disappeared, Spain would lose its revealed comparative advantage in 60% of industries, which account for 45% of all Spanish exports. Finally, granularity explains around one-third of the growth in Spanish exports.
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spelling doaj.art-220aa9d2c010436989c1aaad39b10b102022-12-21T18:39:02ZengSpringerOpenSERIEs: Journal of the Spanish Economic Association1869-41871869-41952017-07-018322525910.1007/s13209-017-0157-xThe granularity of Spanish exportsJuan de Lucio0Raúl Mínguez1Asier Minondo2Francisco Requena3Universidad NebrijaUniversidad NebrijaDeusto Business School, University of DeustoDepartment of Economic Structure, University of ValenciaAbstract Using data for all exporters, we show that it is a small group of firms that dominate exports in Spain. For example, in 2015 the top 200 firms were responsible for half of Spanish exports. This concentration has not changed substantially over the 1997–2015 period. The dominance of a few firms, a phenomenon denoted as granularity, also defines the specialization of Spanish exports. If top exporters disappeared, Spain would lose its revealed comparative advantage in 60% of industries, which account for 45% of all Spanish exports. Finally, granularity explains around one-third of the growth in Spanish exports.http://link.springer.com/article/10.1007/s13209-017-0157-xExportsGranularitySuperstarsSpainFirm-level data
spellingShingle Juan de Lucio
Raúl Mínguez
Asier Minondo
Francisco Requena
The granularity of Spanish exports
SERIEs: Journal of the Spanish Economic Association
Exports
Granularity
Superstars
Spain
Firm-level data
title The granularity of Spanish exports
title_full The granularity of Spanish exports
title_fullStr The granularity of Spanish exports
title_full_unstemmed The granularity of Spanish exports
title_short The granularity of Spanish exports
title_sort granularity of spanish exports
topic Exports
Granularity
Superstars
Spain
Firm-level data
url http://link.springer.com/article/10.1007/s13209-017-0157-x
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