| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP15236
|
| DP15236 Superstar Exporters: An Empirical Investigation of Strategic Interactions in Danish Export Markets |
| Federico Ciliberto; Ina Jäkel
|
| 发表日期 | 2020-08-31
|
| 出版年 | 2020
|
| 语种 | 英语
|
| 摘要 | In many countries, exports are highly concentrated among a few "superstar" firms. We estimate the export decisions of superstar firms as the result of a complete information, simultaneous, discrete choice, static entry game. We employ a dataset on the universe of Danish trade transactions by firm, product and destination. We also obtain detailed information on applied, preferential tariff protection from the MAcMap-HS6 database. We find evidence of strong negative competitive effects of entry: in the absence of strategic competitive effects, firms would be 53.2 percentage points more likely to export to a given market. Next, we run two counterfactual exercises. We show that failing to account for the strategic interaction among superstar exporters leads to: (i) overstating the probability that firms would start exporting to a market following tariff elimination by a factor of two; and, (ii) overstating the probability that firms would stop exporting to a market if tariffs were imposed by a factor of more than five. |
| 主题 | Industrial Organization
|
| 关键词 | Export participation
Strategic interaction
Multiple equilibria
Trade policy
|
| URL | https://cepr.org/publications/dp15236
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/544211
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推荐引用方式
GB/T 7714 |
Federico Ciliberto,Ina Jäkel. DP15236 Superstar Exporters: An Empirical Investigation of Strategic Interactions in Danish Export Markets. 2020.
|
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