Exporting, Global Sourcing, and Multinational Activity: Theory and Evidence from the United States

Any opinions and conclusions expressed herein are those of the authors and do not represent the views of the US Census Bureau or the Bureau of Economic Analysis. The Census Bureau and the Bureau of Economic Analysis have reviewed this data product to ensure appropriate access, use, and disclosure avoidance protection of the confidential source data used to produce this product. This research was performed at a Federal Statistical Research Data Center under CES Project 1530 (release on 7/15/2019), and P-6907751 (CBDRB-FY21-CED006-0004, CBDRB-FY23-CED006-0010 and -0012, BEA-FY23-P6907751-R2 and R4, and CBDRB-FY23-0371). We thank Fabian Eckert, Natalia Ramondo, and Veronica Rappoport for constructive conference discussions, Kyle Bagwell, Lorenzo Caliendo, Andres Rodriguez-Clare, Esteban Rossi-Hansberg, Peter Schott, Joe Shapiro, and David Weinstein for helpful suggestions and input, and multiple seminar and conference audiences for useful questions and suggestions. We are also grateful to Emek Basker, Fariha Kamal, Shawn Klimek, and Jim Fetzer for valuable comments and input on the data construction. We thank Michael Freiman and Abdul Munasib for support with the disclosure process, and Jack Liang and Hannah Rubinton for excellent research assistance. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.