G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7885
DP7885 Why is there a home bias? A case study of Wine
Richard Friberg; Robert W Paterson; Andrew D Richardson
发表日期2010-06-01
出版年2010
语种英语
摘要Domestic products have a disproportionately high market share on many goods markets. We examine the contribution of preferences to such "home bias", using detailed data on wine sales in New Hampshire (weekly sales by brand by store for one year). In counterfactual simulations, where we use the same set of products as currently available, the U.S. market share falls from 58 percent to 38 percent if all country-of-origin effects are set equal. Home bias on this market is not explained by higher marginal costs for imports or by lesser store coverage of imported brands. The evidence rather points to higher foreign fixed costs of entry, coupled with a preference for U.S. wines, as the main sources for the high domestic market share.
主题International Trade and Regional Economics
关键词Home bias Border effects Trade barriers
URLhttps://cepr.org/publications/dp7885
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/536722
推荐引用方式
GB/T 7714
Richard Friberg,Robert W Paterson,Andrew D Richardson. DP7885 Why is there a home bias? A case study of Wine. 2010.
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