G2TT
来源类型Discussion paper
规范类型论文
来源IDDP474
DP474 Competition and Imports in the European Market
Alexis Jacquemin; André Sapir
发表日期1990-11-01
出版年1990
语种英语
摘要Theoretical and empirical research suggests that import competition within European markets imposes a major constraint on domestic firms's price-cost margins. The programme for the completion of the European Community's (EC) internal market by 1992 is largely based on the effects expected from a reinforcement of such a constraint. But imports from the rest of the world could also exercise an important trade discipline on European market performance. In fact there are various arguments suggesting that the disciplinary effect of extra-EC imports could be stronger than that of intra-EC imports. The paper develops an empirical model to measure the relative strength of import discipline on price-cost margins in European industries. We find that both potential and actual competition induced by imports are effective in narrowing such margins. Furthermore, trade discipline varies not only according to various features of industry but also according to the origin of imports: only extra-EC imports were found to exercise a significant impact on price-cost margins.
主题International Trade and Regional Economics
关键词Commercial European integration Imperfect competition Import competition Market structure
URLhttps://cepr.org/publications/dp474
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/529629
推荐引用方式
GB/T 7714
Alexis Jacquemin,André Sapir. DP474 Competition and Imports in the European Market. 1990.
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