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来源类型Working Paper
规范类型报告
DOI10.3386/w10319
来源IDWorking Paper 10319
Surviving the U.S. Import Market: The Role of Product Differentiation
Tibor Besedes; Thomas J. Prusa
发表日期2004-02-29
出版年2004
语种英语
摘要We examine the extent that product differentiation affects the duration of US import trade relationships. Applying nonparametric and semiparametric techniques to highly disaggregated product-level data we estimate that the hazard rate is at least 18 percent higher for homogenous goods than for differentiated products. Put another way, the median survival time for trade relationships involving differentiated products is five years as compared to two years for homogenous products. We find that our results are not only highly robust but often are strengthened under alternative specifications. For instance, if we define trade relationships using industry-level rather than product-level data we find that the hazard rate is 30-35 percent higher for homogenous goods than for differentiated products. We also find that the survival ranking across product types holds across individual industries. We show that dropping the smallest trade relationships further accentuates the differences among product types. We also control for the possible measurement error in measuring spell lengths and the role of multiple spell relationships and find that in all cases the differences among products types are greater than in our benchmark analysis.
主题International Economics ; Trade
URLhttps://www.nber.org/papers/w10319
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/567947
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Tibor Besedes,Thomas J. Prusa. Surviving the U.S. Import Market: The Role of Product Differentiation. 2004.
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