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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w14935 |
来源ID | Working Paper 14935 |
Trade Reforms and Market Selection: Evidence from Manufacturing Plants in Colombia | |
Marcela Eslava; John C. Haltiwanger; Adriana D. Kugler; Maurice Kugler | |
发表日期 | 2009-04-30 |
出版年 | 2009 |
语种 | 英语 |
摘要 | We use plant output and input prices to decompose the profit margin into four parts: productivity, demand shocks, mark-ups and input costs. We find that each of these market fundamentals are important in explaining plant exit. We then use variation across sectors in tariff changes after the Colombian trade reform to assess whether the impact of market fundamentals on plant exit changed with increased international competition. We find that greater international competition magnifies the impact of productivity, and other market fundamentals, on plant exit. A dynamic simulation that compares the distribution of productivity with and without the trade reform shows that improvements in market selection from trade reform help to weed out the least productive plants and increase average productivity. In addition, we find that trade liberalization increases productivity of incumbent plants and improves the allocation of activity within industries. |
主题 | International Economics ; International Macroeconomics ; Industrial Organization ; Firm Behavior ; Development and Growth ; Growth and Productivity |
URL | https://www.nber.org/papers/w14935 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/572611 |
推荐引用方式 GB/T 7714 | Marcela Eslava,John C. Haltiwanger,Adriana D. Kugler,et al. Trade Reforms and Market Selection: Evidence from Manufacturing Plants in Colombia. 2009. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w14935.pdf(287KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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