City Research Online

Abstract

This article shows how to use the publicly-available firm-level surveys produced by the World Bank Enterprise Surveys (WBES) to reproduce the stylized facts that characterize firm heterogeneity and its relationship with global engagement, as established by Bernard et al. (2007) for manufacturing firms in the U.S. The article describes how to incorporate this exercise in different teaching activities such as small group classes and homework and coursework assignments. The activities proposed allow students to develop skills handling and analyzing firm-level data and, since WBES surveys are available for more than 150 countries since 2002, they offer an unique opportunity to evaluate the extent to which the stylized facts established from U.S. data are also representative of countries of different sizes and at different stages of development. The activities proposed connect the theory of international trade with heterogeneous firms to the real-world empirical evidence that motivated the development of these models.

Publication Type:	Article
Additional Information:	This is an Accepted Manuscript of an article to be published by Taylor & Francis in The Journal of Economic Education, available at: https://www.tandfonline.com/journals/VECE
Publisher Keywords:	teaching international trade; heterogeneous firms; exports; imports; economic data; stylized facts
Subjects:	H Social Sciences > HB Economic Theory L Education > L Education (General)
Departments:	School of Policy & Global Affairs School of Policy & Global Affairs > Economics
SWORD Depositor:	Symplectic Administrator

Export

Downloads