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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w29521 |
来源ID | Working Paper 29521 |
Cross-Product and Cross-Market Adjustments Within Multiproduct Firms: Evidence from Antidumping Actions | |
Xiaohua Bao; Bruce A. Blonigen; Zhi Yu | |
发表日期 | 2021-11-29 |
出版年 | 2021 |
语种 | 英语 |
摘要 | Multiproduct firms are responsible for the vast majority of global trade. A prior literature examines how multiproduct firms respond to trade liberalizations that simultaneously affect all of the firms' products and inputs. In contrast, our study uses Chinese firm-product-level export data to examine how an AD action, a very targeted trade policy against a specific product in a specific export destination, affects a multiproduct firms' price and quantity decisions across its other products and export destinations. We find robust evidence for a new phenomenon we call within-firm cross-product trade deflection whereby an AD duty against one of the firm's products in one of its export destinations is associated with reduced prices and increased sales of its other products across all markets. This type of effect depends on increasing costs from joint production within multiproduct firms, something that is often assumed away in many models of the multiproduct firm. We also document for the first time a within-firm chilling effect whereby an AD action in one export destination on a product leads the firm to raise price and lower quantity of the product in other export destinations to lower the risk of AD actions in these other markets. |
主题 | International Economics ; Trade ; Industrial Organization ; Market Structure and Firm Performance ; Firm Behavior |
URL | https://www.nber.org/papers/w29521 |
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/587195 |
推荐引用方式 GB/T 7714 | Xiaohua Bao,Bruce A. Blonigen,Zhi Yu. Cross-Product and Cross-Market Adjustments Within Multiproduct Firms: Evidence from Antidumping Actions. 2021. |
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 | ||
w29521.pdf(490KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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