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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w17204 |
来源ID | Working Paper 17204 |
Supplier Responses to Wal-Mart's Invasion of Mexico | |
Leonardo Iacovone; Beata Smarzynska Javorcik; Wolfgang Keller; James R. Tybout | |
发表日期 | 2011-07-08 |
出版年 | 2011 |
语种 | 英语 |
摘要 | This paper examines the effect of Wal-Mart's entry into Mexico on Mexican manufacturers of consumer goods. Guided by firm interviews that suggested substantial heterogeneity across firms in how they responded to Wal-Mart's entry, we develop a dynamic industry model in which firms decide whether to sell their products through Walmex (short for Wal-Mart de Mexico), or use traditional retailers. Walmex provides access to a larger market, but it puts continuous pressure on its suppliers to improve their product's appeal, and it forces them to accept relatively low prices relative to product appeal. Simulations of the model show that the arrival of Walmex separates potential suppliers into two groups. Those with relatively high-appeal products choose Walmex as their retailer, whereas those with lower appeal products do not. For the industry as a whole, the model predicts that the associated market share reallocations, adjustments in innovative effort, and exit patterns increase productivity and the rate of innovation. These predictions accord well with the results from our firm interviews. The model's predictions are also supported by establishment-level panel data that characterize Mexican producers' domestic sales, investments, and productivity gains in regions with differing levels of Walmex presence during the years 1994 to 2002. |
主题 | International Economics ; International Factor Mobility ; Industrial Organization ; Market Structure and Firm Performance ; Development and Growth ; Innovation and R& ; D |
URL | https://www.nber.org/papers/w17204 |
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/574879 |
推荐引用方式 GB/T 7714 | Leonardo Iacovone,Beata Smarzynska Javorcik,Wolfgang Keller,et al. Supplier Responses to Wal-Mart's Invasion of Mexico. 2011. |
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 | ||
w17204.pdf(989KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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