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Does the U.S. trade more widely than it appears?

Author

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  • Roc Armenter

Abstract

Given the importance of international trade for economic growth, why in any given year do few U.S. firms export their wares, and why are most U.S. goods not traded with most countries? Roc Armenter presents some intriguing evidence suggesting the U.S. does export most of its products to most countries, just not very often.

Suggested Citation

  • Roc Armenter, 2014. "Does the U.S. trade more widely than it appears?," Business Review, Federal Reserve Bank of Philadelphia, issue 1, pages 1-8.
    • Handle: RePEc:fip:fedpbr:00004
    as

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    File URL: https://www.philadelphiafed.org/-/media/frbp/assets/economy/articles/business-review/2014/q1/brQ114_does_the_us_trade.pdf
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    References listed on IDEAS

    as
    1. Andrew B. Bernard & J. Bradford Jensen & Stephen J. Redding & Peter K. Schott, 2007. "Firms in International Trade," Journal of Economic Perspectives, American Economic Association, vol. 21(3), pages 105-130, Summer.
    2. Roc Armenter & Miklós Koren, 2015. "Economies Of Scale And The Size Of Exporters," Journal of the European Economic Association, European Economic Association, vol. 13(3), pages 482-511, June.
    3. George Alessandria & Horag Choi, 2007. "Do Sunk Costs of Exporting Matter for Net Export Dynamics?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 122(1), pages 289-336.
    4. Marc J. Melitz, 2003. "The Impact of Trade on Intra-Industry Reallocations and Aggregate Industry Productivity," Econometrica, Econometric Society, vol. 71(6), pages 1695-1725, November.
    Full references (including those not matched with items on IDEAS)

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    Keywords

    Trade; Export;

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