抄録
This paper uses the Chilean manufacturing censuses of 1967 and 1979 to examine the effects of the Chilean reforms in the mid-1970s on market structure and performance. The reforms substantially increased the concentration in industry and substantially reduced profitability. These outcomes are interpreted in the light of hypotheses about the effect of potential entrants on market structure and on the pricing behavior of incumbents. Next, a cross-sectoral simultaneous equations model of structure and performance is estimated to isolate the contribution of import and export shares to cross-sectoral variations in concentration and profitability and to test for structural change between the two censuses. The analysis confirms that the liberalization of trade changed the way import and export shares determined profitability and supports the import discipline hypothesis.
| 元の言語 | English |
|---|---|
| ページ（範囲） | 287-304 |
| ページ数 | 18 |
| ジャーナル | International Journal of Industrial Organization |
| 巻 | 4 |
| 発行部数 | 3 |
| DOI | |
| 出版物ステータス | Published - 1986 |
| 外部発表 | Yes |
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ASJC Scopus subject areas
- Economics and Econometrics
- Finance
これを引用
The influence of increased foreign competition on industrial concentration and profitability. / de Melo, Jaime; Urata, Shujiro.
：: International Journal of Industrial Organization, 巻 4, 番号 3, 1986, p. 287-304.研究成果: Article
}
TY - JOUR
T1 - The influence of increased foreign competition on industrial concentration and profitability
AU - de Melo, Jaime
AU - Urata, Shujiro
PY - 1986
Y1 - 1986
N2 - This paper uses the Chilean manufacturing censuses of 1967 and 1979 to examine the effects of the Chilean reforms in the mid-1970s on market structure and performance. The reforms substantially increased the concentration in industry and substantially reduced profitability. These outcomes are interpreted in the light of hypotheses about the effect of potential entrants on market structure and on the pricing behavior of incumbents. Next, a cross-sectoral simultaneous equations model of structure and performance is estimated to isolate the contribution of import and export shares to cross-sectoral variations in concentration and profitability and to test for structural change between the two censuses. The analysis confirms that the liberalization of trade changed the way import and export shares determined profitability and supports the import discipline hypothesis.
AB - This paper uses the Chilean manufacturing censuses of 1967 and 1979 to examine the effects of the Chilean reforms in the mid-1970s on market structure and performance. The reforms substantially increased the concentration in industry and substantially reduced profitability. These outcomes are interpreted in the light of hypotheses about the effect of potential entrants on market structure and on the pricing behavior of incumbents. Next, a cross-sectoral simultaneous equations model of structure and performance is estimated to isolate the contribution of import and export shares to cross-sectoral variations in concentration and profitability and to test for structural change between the two censuses. The analysis confirms that the liberalization of trade changed the way import and export shares determined profitability and supports the import discipline hypothesis.
UR - http://www.scopus.com/inward/record.url?scp=38249040596&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=38249040596&partnerID=8YFLogxK
U2 - 10.1016/0167-7187(86)90022-6
DO - 10.1016/0167-7187(86)90022-6
M3 - Article
AN - SCOPUS:38249040596
VL - 4
SP - 287
EP - 304
JO - International Journal of Industrial Organization
JF - International Journal of Industrial Organization
SN - 0167-7187
IS - 3
ER -