Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP6492 |
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 |
URL | https://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. |
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。