G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6492
DP6492 Twin Deficits, Openness and the Business Cycle
Giancarlo Corsetti; Gernot Müller
发表日期2007-09-28
出版年2007
语种英语
摘要Survey information on Swiss exporters is used to test the hypothesis that firm-specific factors, in particular firm size, are important determinants of pricing--to-market (PTM). The survey asked exporters whether they set different prices across markets and, if so, whether price segmentation occurred because of pricing conditions in the local market or other factors. The empirical analysis is based on a probit model that regresses a binary-choice variable of PTM on firm size and other control variables. The main empirical finding is that firm size and PTM are positively and significantly correlated. A further result is that while firms whose main export market is in the Euro area are less likely to engage in PTM, firm size plays a bigger role for them. These results are robust across different PTM classifications, regression specifications, export destinations, and industrial sectors.
主题International Macroeconomics
关键词Firm size Local currency pricing Pricing to markets
URLhttps://cepr.org/publications/dp6492
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/535331
推荐引用方式
GB/T 7714
Giancarlo Corsetti,Gernot Müller. DP6492 Twin Deficits, Openness and the Business Cycle. 2007.
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