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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w26283 |
来源ID | Working Paper 26283 |
Collective Reputation in Trade: Evidence from the Chinese Dairy Industry | |
Jie Bai; Ludovica Gazze; Yukun Wang | |
发表日期 | 2019-09-16 |
出版年 | 2019 |
语种 | 英语 |
摘要 | Collective reputation implies an important externality. Among firms trading internationally, quality shocks about one firm’s products could affect the demand of other firms from the same origin country. We study this issue in the context of a large-scale scandal that affected the Chinese dairy industry in 2008. Leveraging rich firm-product level administrative data and official quality inspection reports, we find that the export revenue of contaminated firms dropped by 84% after the scandal, relative to the national industrial trend, and the spillover effect on non-contaminated firms is measured at 64% of the direct effect. Notably, firms deemed innocent by government inspections did not fare any better than noninspected firms. These findings highlight the importance of collective reputation in international trade and the challenges governments might face in signaling quality and restoring trust. Finally, we investigate potential mechanisms that could mediate the strength of the reputation spillover. We find that the spillover effects are smaller in destinations where people have better information about parties involved in the scandal. New firms are more vulnerable to the collective reputation damage than established firms. Supply chain structure matters especially in settings where firms are less vertically integrated and exhibit fragmented upstream-downstream relationships. |
主题 | International Economics ; Trade ; Industrial Organization ; Market Structure and Firm Performance ; Industry Studies ; Development and Growth ; Development |
URL | https://www.nber.org/papers/w26283 |
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/583956 |
推荐引用方式 GB/T 7714 | Jie Bai,Ludovica Gazze,Yukun Wang. Collective Reputation in Trade: Evidence from the Chinese Dairy Industry. 2019. |
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 | ||
w26283.pdf(577KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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