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With a reorganization of the studio system in the 1990s and an increased concentration on export markets, Hollywood's film industry had revived by the end of the 20th century.
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The concentration on exports of primary goods and the competition of imported manufactures with domestic products served as powerful disincentives to economic diversification.
The unique institutional environments of emerging markets provide a field in which to reexamine the impact of high ownership concentration on exporting.
A more critical policy toward this sector is required not only to create the value chains, but also to reduce too much concentration on garment export to minimize the high vulnerability resulting from possible changes in world price and competitiveness within the garment sector.
This allows us to zoom in on the concentration of exports.
Source: Own calculations, based on the Customs database Open image in new window Fig. 5 Concentration of exports in the top 5 firms across products, 1997 a CN 8-digit classification (7145 products) b Export chapters (96 chapters) c Export sections (21 sections).
We begin by analyzing the concentration of exports by firm.
Section 2 describes the concentration of exports by firm.
In particular, we want to analyze how the concentration of exports differs when we zoom in from exports by firm to exports by firm-destination, exports by firm-product and exports by firm-destination-product.
Despite the lower concentration of exports in the top firms in Spain than in developing countries, the effect of granularity on the revealed comparative advantage is greater in the former than in the latter.
In a different study based on a Chinese sample, it is found that when ownership concentration is higher than a critical point, the ownership concentration will have a negative effect on export propensity (Lu et al., 2009).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com