Markups, import competition and exporting
نویسندگان
چکیده
منابع مشابه
Within-Firm Responses to Import Competition: Quality Upgrading and Exporting in the Peruvian Apparel Industry
Since China entered the WTO in 2001, the Peruvian apparel industry has been considerably affected by the dramatic inflow of Chinese garments. Unlike neighboring countries, the industry was able to keep afloat by firm-level responses that led to unprecedented growth in exports, driven by sales of high-quality apparel. While firm-level responses to import competition are now a well-established em...
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The impact of import competition on labour productivity is examined using panel data for a sample of Australian manufacturing firms over the period 1984 to 1993. Import competition is found to interact with domestic competition; such the positive impact of import competition on the level and rate of growth of labour productivity rises with the degree of concentration among domestic producers. T...
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We examine the impact of import competition on firms’ innovation input and output. We conjecture that U.S. firms view import competition from high-wage countries (HWCs) as “neck-and-neck” competition and will respond by intensifying innovation. In contrast, U.S. firms will reduce innovation in response to import competition from low-wage countries (LWCs), because such competition does not alway...
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This paper introduces a new model to capture the key stylized facts of firm price setting behavior in the open economy. At the firm level, producers adjust their domestic prices more frequently and fully in response to marginal cost shocks than for the same goods sold abroad. At the macro level, the terms of trade are less volatile than the real exchange rate and trade liberalization reduces ma...
متن کاملStrategic competition and optimal parallel import policy
In a two-country Hotelling type duopoly model of price competition, we show that parallel import (PI) policy can act as an instrument of strategic trade policy. The home firm’s profit is higher when it cannot price discriminate internationally if and only if the foreign market is sufficiently bigger than the domestic one. The key mechanism in the model is that the home firm’s incentive to keep ...
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ژورنال
عنوان ژورنال: The World Economy
سال: 2020
ISSN: 0378-5920,1467-9701
DOI: 10.1111/twec.12935