IDEAS home Printed from https://ideas.repec.org/a/kap/openec/v2y1991i3p295-304.html
   My bibliography  Save this article

Relative export prices and firm size in imperfect markets

Author

Listed:
  • Lorenzo Pupillo
  • Klaus Zimmermann

Abstract

This paper contributes to the rising field in international trade and industrial organization. A vast sample of Italian micro data is used to study the behavior of relative export prices in imperfect markets. It is shown that relative export prices, the relation of prices a firm charges on export and domestic markets, are, in general, downward biased. Moreover, relative export prices depend negatively on firm size and market concentration, but positively on the average export share of the industry. This indicates that markets are segmented and firms are able to discriminate prices. Copyright Kluwer Academic Publishers 1991

Suggested Citation

  • Lorenzo Pupillo & Klaus Zimmermann, 1991. "Relative export prices and firm size in imperfect markets," Open Economies Review, Springer, vol. 2(3), pages 295-304, October.
    • Handle: RePEc:kap:openec:v:2:y:1991:i:3:p:295-304
    DOI: 10.1007/BF01886147
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/BF01886147
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/BF01886147?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Jacquemin, Alexis & de Ghellinck, Elisabeth & Huveneers, Christian, 1980. "Concentration and Profitability in a Small Open Economy," Journal of Industrial Economics, Wiley Blackwell, vol. 29(2), pages 131-144, December.
    2. Kawasaki, Seiichi & McMillan, John & Zimmermann, Klaus F, 1983. "Inventories and Price Inflexibility," Econometrica, Econometric Society, vol. 51(3), pages 599-610, May.
    3. Pagoulatos, Emilio & Sorensen, Robert, 1986. "What determines the elasticity of industry demand?," International Journal of Industrial Organization, Elsevier, vol. 4(3), pages 237-250, September.
    4. Konig, Heinz & Nerlove, Marc & Oudiz, Gilles, 1981. "On the formation of price expectations : An analysis of business test data by log-linear probability models," European Economic Review, Elsevier, vol. 16(1), pages 103-138.
    5. Alexis Jacquemin, 1982. "Imperfect Market Structure And International Trade ‐ Some Recent Research," Kyklos, Wiley Blackwell, vol. 35(1), pages 75-93, February.
    6. Ross, Thomas W., 1988. "On the price effects of mergers with freer trade," International Journal of Industrial Organization, Elsevier, vol. 6(2), pages 233-246.
    7. Klaus F. Zimmermann, 1987. "Trade and Dynamic Efficiency," Kyklos, Wiley Blackwell, vol. 40(1), pages 73-87, February.
    8. Venables, Anthony J, 1985. "International Trade, Trade and Industrial Policy and Imperfect Competition: A Survey," CEPR Discussion Papers 74, C.E.P.R. Discussion Papers.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Vosgerau, Hans-Jürgen, 1993. "Trade policy and competition policy in Europe: Complementarities and contradictions," Discussion Papers, Series II 198, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    2. Hansson, Pär, 1990. "The Discipline of Imports in the Light of 1992: The Case of Sweden," Working Paper Series 274, Research Institute of Industrial Economics.
    3. Klaus Abberger & Sascha Becker & Barbara Hofmann & Klaus Wohlrabe, 2007. "Mikrodaten im ifo Institut für Wirtschaftsforschung – Bestand, Verwendung und Zugang," AStA Wirtschafts- und Sozialstatistisches Archiv, Springer;Deutsche Statistische Gesellschaft - German Statistical Society, vol. 1(1), pages 27-42, June.
    4. Sascha O. Becker & Klaus Wohlrabe, 2008. "European Data Watch: Micro Data at the Ifo Institute for Economic Research – The “Ifo Business Survey”, Usage and Access," Schmollers Jahrbuch : Journal of Applied Social Science Studies / Zeitschrift für Wirtschafts- und Sozialwissenschaften, Duncker & Humblot, Berlin, vol. 128(2), pages 307-319.
    5. Martha K. Field & Emilio Pagoulatos, 1997. "The Cyclical Behavior of Price Elasticity of Demand," Southern Economic Journal, John Wiley & Sons, vol. 64(1), pages 118-129, July.
    6. Ian M. Sheldon, 2021. "Reflections on a Career as an Industrial Organization and International Economist," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 43(2), pages 468-499, June.
    7. Sergey Tsukhlo, 2010. "Methodological Basis for Organization and Analytical Capacity of Business Surveys in Russian Industry," Research Paper Series, Gaidar Institute for Economic Policy, issue 145P.
    8. Tamotsu Onozaki, 2018. "Nonlinearity, Bounded Rationality, and Heterogeneity," Springer Books, Springer, number 978-4-431-54971-0, June.
    9. Connor, John M & Peterson, Everett B, 1992. "Market-Structure Determinants of National Brand-Private Label Price Differences of Manufactured Food Products," Journal of Industrial Economics, Wiley Blackwell, vol. 40(2), pages 157-171, June.
    10. Yang, Qing & Zhang, Lei & Wang, Xin, 2017. "Dynamic analysis on market structure of China's coal industry," Energy Policy, Elsevier, vol. 106(C), pages 498-504.
    11. Jean-Paul Chavas, 2008. "On Storage Behavior Under Imperfect Competition, with Application to the American Cheese Market," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 33(4), pages 325-339, December.
    12. Qiu, Larry D. & Zhou, Wen, 2006. "International mergers: Incentives and welfare," Journal of International Economics, Elsevier, vol. 68(1), pages 38-58, January.
    13. Cihan Yalcin, 2000. "Price-Cost Margins and Trade Liberalization in Turkish Manufacturing Industry : A Panel Data Analysis," Discussion Papers 0001, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
    14. Kuismanen, Mika & Spolander, Mikko, 1994. "Measuring inflation expectations in Finland : a survey data approach," Research Discussion Papers 21/1994, Bank of Finland.
    15. Cowling, Keith, 1990. "Monopoly Capitalism Revisited," Economic Research Papers 268484, University of Warwick - Department of Economics.
    16. Sanjib Bhuyan, 2002. "Impact of Vertical Mergers on Industry Profitability: An Empirical Evaluation," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 20(1), pages 61-79, February.
    17. Lahti, Ari, 1989. "Macroeconomic effects of European integration on the Finnish economy: A simulation study," Bank of Finland Research Discussion Papers 37/1989, Bank of Finland.
    18. Duc-Loi Phan & Olivier Gaussens & Claude Clair, 1984. "Le commerce international intra-branche et ses déterminants d'après le schéma de concurrence monopolistique : une vérification empirique," Revue Économique, Programme National Persée, vol. 35(2), pages 347-378.
    19. Ali Culha & Cihan Yalcin, 2005. "The Determinants of the Price-Cost Margins of the Manufacturing Firms in Turkey," Working Papers 0515, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
    20. Onozaki, Tamotsu & Sieg, Gernot & Yokoo, Masanori, 2000. "Complex dynamics in a cobweb model with adaptive production adjustment," Journal of Economic Behavior & Organization, Elsevier, vol. 41(2), pages 101-115, February.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:openec:v:2:y:1991:i:3:p:295-304. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.