TY  - JOUR
AU  - Bernard,Andrew B.
AU  - Jensen,J. Bradford
AU  - Redding,Stephen J.
AU  - Schott,Peter K.
TI  - Wholesalers and Retailers in U.S. Trade (Long Version)
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 15660
PY  - 2010
Y2  - January 2010
UR  - http://www.nber.org/papers/w15660
L1  - http://www.nber.org/papers/w15660.pdf
N1  - Author contact info:
Andrew B. Bernard
Tuck School of Business at Dartmouth
100 Tuck Hall
Hanover, NH  03755
Tel: 603/646-0302
Fax: 603/646-0995
E-Mail: Andrew.B.Bernard@dartmouth.edu

J. Bradford Jensen
McDonough School of Business
Georgetown University
Washington, DC 20057
Tel: 202/687-3767
E-Mail: jbj24@georgetown.edu

Stephen J. Redding
Department of Economics
and Woodrow Wilson School
Princeton University
Fisher Hall
Princeton, NJ 08544
Tel: 609/258-4016
Fax: 609/258-6419
E-Mail: reddings@princeton.edu

Peter K. Schott
Yale School of Management
135 Prospect Street
New Haven, CT 06520-8200
Tel: 203/436-4260
Fax: 203/432-6974
E-Mail: peter.schott@yale.edu
AB  - We combine data on individual trade transactions from U.S. customs records with comprehensive information on firms' employment from the Census Bureau's business register to examine wholesalers and retailers in U.S. exports and imports. Exporters and importers with 100 percent employment in wholesale and retail differ from pure "producer and consumer" trading firms along a number of dimensions: they are smaller in terms of employment, trade value and domestic sales, operate fewer U.S. establishments and are present in fewer U.S. states. "Mixed" firms, i.e., those with both production/consumption and wholesale retail within the boundaries of the firm, on the other hand, are substantially larger. They trade more products, trade with more countries, and are more likely to engage in related-party trade.
ER  -