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Imports as a Competitive Discipline

Author

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  • Paul A. GEROSKI

    (University of Southampton)

  • Alexis Jacquemin

    (Université Catholique de Louvain, CRIDE)

Abstract

The purpose of this note is to show that a firm operating in perfectly competitive markets but facing costs of adjustment to its sole variable input (labour) may well prefer to operate in a region of the production function in which the output elasticity of labour is greater than unity (i.e. increasing returns to labour).

Suggested Citation

  • Paul A. GEROSKI & Alexis Jacquemin, 1981. "Imports as a Competitive Discipline," Discussion Papers (REL - Recherches Economiques de Louvain) 1981031, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    • Handle: RePEc:ctl:louvre:1981031
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    Citations

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    Cited by:

    1. 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.
    2. Caporale, Guglielmo Maria, 1994. "The Measurement of Productivity and Market Structure in the UK," Bulletin of Economic Research, Wiley Blackwell, vol. 46(1), pages 61-70, January.
    3. 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.
    4. Jaime de Melo & David Roland-Holst, 2015. "Industrial Organization and Trade Liberalization: Evidence from Korea," World Scientific Book Chapters, in: Modeling Developing Countries' Policies in General Equilibrium, chapter 18, pages 385-404, World Scientific Publishing Co. Pte. Ltd..
    5. Thompson, Aileen, 2000. "Import Competition and Market Power: Canadian Evidence," Analytical Studies Branch Research Paper Series 2000139e, Statistics Canada, Analytical Studies Branch.
    6. Rigoberto A. Lopez & Elena Lopez, 2003. "The impact of imports on price-cost margins: An empirical illustration," Empirical Economics, Springer, vol. 28(2), pages 403-416, April.
    7. Alejandro Castañeda Sabido, 2006. "Lerner Index. Estimation and the Impact of its Market Structure Determinants," Economía Mexicana NUEVA ÉPOCA, CIDE, División de Economía, vol. 0(2), pages 165-197, July-Dece.
    8. Earle, J. & Estrin, Saul, 1996. "Privatisation versus competition: changing enterprise behavior in Russia," LSE Research Online Documents on Economics 20364, London School of Economics and Political Science, LSE Library.
    9. Esperanza Gracia, 1999. "Márgenes y cuotas de mercado. Un análisis con un micropanel," Investigaciones Economicas, Fundación SEPI, vol. 23(3), pages 393-428, September.
    10. Aileen J. Thompson, 1999. "Import Competition and Market Power: Canadian Evidence," Carleton Economic Papers 99-14, Carleton University, Department of Economics, revised Mar 2000.
    11. Konings, Jozef & Van Cayseele, Patrick & Warzynski, Frederic, 2001. "The dynamics of industrial mark-ups in two small open economies: does national competition policy matter?," International Journal of Industrial Organization, Elsevier, vol. 19(5), pages 841-859, April.
    12. Co, Catherine Y., 2001. "Trade, foreign direct investment and industry performance," International Journal of Industrial Organization, Elsevier, vol. 19(1-2), pages 163-183, January.
    13. Hountondji, Guéliffo, 1998. "Commerce extérieur et disparitions d’entreprises industrielles," L'Actualité Economique, Société Canadienne de Science Economique, vol. 74(2), pages 221-244, juin.
    14. Brown, J David & Earle, John, 2000. "Competition And Firm Performance: Lessons From Russia," CEPR Discussion Papers 2444, C.E.P.R. Discussion Papers.
    15. Anne Péguin-Feissolle & Denis Péguin, 1993. "Protection tarifaire, brevets et diffusion internationale de la connaissance : croissance et dynamique de court terme aux États-Unis de 1889 à 1985," Revue Économique, Programme National Persée, vol. 44(2), pages 369-388.
    16. Alejandro Castañeda Sabido & David Mulato, 2006. "Market Structure: Concentration and Imports as Determinants of Industry Margins," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 21(2), pages 177-202.
    17. Aggarwal, Aradhna, 2000. "Deregulation, technology imports and in-house R&D efforts: an analysis of the Indian experience," Research Policy, Elsevier, vol. 29(9), pages 1081-1093, December.

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