Scandinavian Working Papers in Economics

Ratio Working Papers,
The Ratio Institute

No 328: Wholesale firms: A catalyst for Swedish exports?

Sven-Olov Daunfeldt, Erik Engberg, Daniel Halvarsson (), Ari Kokko and Patrik Tingvall ()
Additional contact information
Sven-Olov Daunfeldt: HUI Research
Erik Engberg: Growth Analysis
Daniel Halvarsson: The Ratio Institute, Postal: The Ratio Institute, P.O. Box 5095, SE-102 42 Stockholm, Sweden
Ari Kokko: Copenhagen Business School
Patrik Tingvall: Growth Analysis

Abstract: This paper examines the role of wholesale firms as facilitators of exports for small and medium-sized Swedish businesses. Our findings suggest that wholesale firms do facilitate access to difficult markets located outside Europe. For exports of a particular good to a given market, we observe a positive correlation between the export volumes of wholesale and manufacturing firms. Finally, we present evidence that supports a prediction from recent trade models with differentiated firms, namely that wholesale firms can facilitate exports for firms that are not themselves capable of direct exports.

Keywords: Trade; Wholesale; Intermediation; Productivity; Manufacturing; Institutions

JEL-codes: D22; F14; F18

97 pages, December 20, 2019

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