| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4145 |
| DP4145 Bottled Water - A Case of Pointless Trade? | |
| Mattias Ganslandt; Richard Friberg | |
| 发表日期 | 2003-12-23 |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | Two-way trade in (almost) homogenous products has ambiguous welfare effects if entry is restricted. We examine Swedish imports of bottled water to investigate whether transport cost losses from trade outweigh the partial equilibrium gains from trade (stronger competition and more brands to choose from). Using monthly data for all brands sold in stores during 1998-2001 we estimate a structural model of demand. Assuming one-shot Bertrand competition by multibrand firms, we can use the estimated model to uncover marginal costs. We simulate the effect on consumer and producer surplus of banning imports, finding that banning imports would decrease overall welfare. Expanded choice is the main benefit of trade and disregarding this the net welfare effect of imports in this market are approximately zero - the pro-competitive effect is of the same size as the cost savings associated with replacing foreign, higher cost, suppliers with domestic. Given our choice of market this suggests we should not be overly concerned with the welfare effects of two-way trade in consumer goods that are close to homogenous. |
| 主题 | Industrial Organization ; International Trade and Regional Economics |
| 关键词 | Reciprocal dumping Intra-industry trade Nested logit models |
| URL | https://cepr.org/publications/dp4145 |
| 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/533116 |
| 推荐引用方式 GB/T 7714 | Mattias Ganslandt,Richard Friberg. DP4145 Bottled Water - A Case of Pointless Trade?. 2003. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
