The role of intermediaries in facilitating trade
By: JaeBin Ahn, Amit K. Khandelwal, Shang-Jin Wei.
Contributors: Khandelwal,  Amit K.; Wei, Shang-Jin.; National Bureau of Economic Research.
Series: NBER working paper series -- working paper 15706; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 15706.
Publisher: National Bureau of Economic Research
Published: 2010
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "We provide systematic evidence that intermediaries play an important role in facilitating trade using a firm-level the census of China's exports.  Intermediaries account for around 20% of China's exports in 2005.  This implies that many firms engage in trade without directly exporting products.  We modify a heterogeneous firm model so that firms endogenously select their mode of export - either directly or indirectly through an intermediary.  The model predicts that intermediaries will be relatively more important in markets that are more difficult to penetrate.  We provide empirical confirmation for this prediction, and generate new facts regarding the activity of intermediaries"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 3/9/2010.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.