全球智库信息集成服务系统(G2TT): DP8095 Import Competition and Exit in Business Services Sectors

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP8095
	DP8095 Import Competition and Exit in Business Services Sectors
	Farid Toubal; Pamela Bombarda; Fergal McCann
发表日期	2010-11-08
出版年	2010
语种	英语
摘要	Business services firms are increasingly under pressure from foreign competition. We develop an oligopolistic competition model that studies the effect of trade liberalization on exit and sectoral restructuring in the business services sector. We assume that firms are heterogeneous in their marginal costs, allowing the model to predict domestic M&A and exit by closedown, as well as foreign M&A. The model is brought to detailed French firm-level data on exit and M&A in the business services sector. The empirical analysis confirms that due to greater import penetration, French service firms exit by closedown and by M&A. Contrary to previous findings for manufacturing, we show that imports from high-income countries cause the majority of this exit, helping to inform the ongoing debate regarding the dangers of services trade liberalization.
主题	International Trade and Regional Economics
关键词	Services trade Exit Import competition Oligopoly Firm-level data
URL	https://cepr.org/publications/dp8095
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/536955
推荐引用方式 GB/T 7714	Farid Toubal,Pamela Bombarda,Fergal McCann. DP8095 Import Competition and Exit in Business Services Sectors. 2010.