G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w14935
来源IDWorking 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
URLhttps://www.nber.org/papers/w14935
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/572611
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Marcela Eslava,John C. Haltiwanger,Adriana D. Kugler,et al. Trade Reforms and Market Selection: Evidence from Manufacturing Plants in Colombia. 2009.
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