Import Penetration and Price-Cost Margins in Indian Manufacturing Industries
Import Penetration and Price-Cost Margins in Indian Manufacturing Industries
复制标题
印度制造业的进口渗透率和价格成本利润
DOI：
10.1177/0019466220080211
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发表时间：
2008
期刊：
影响因子：
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通讯作者：
A. Kato
中科院分区：
文献类型：
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作者：
B. Goldar;A. Kato
使用 1991-92 年至 2001-02 年期间八个制造业的企业级数据，对改革后时期进口自由化对印度工业价格成本边际的影响进行了计量经济学分析。价格成本利润率根据进口竞争的精细衡量指标和其他一些解释变量进行回归。结果显示，20 世纪 90 年代进口渗透对印度制造企业的盈利能力产生了负面影响。根据计量经济学结果，结合观察到的这一时期进口渗透率的上升趋势，本文得出结论：印度自 1991 年以来的贸易自由化降低了国内企业的盈利能力。此外，我们发现，对于市场份额较大的企业来说，进口渗透对利润的减少影响较小。这一结果与早期的实证研究形成鲜明对比，但与最近的理论工作一致（例如，Melitz，2003）。
An econometric analysis of the impact of import liberalization on price-cost margins in Indian industries in the post-reform period is carried out using firm-level data for eight manufacturing industries for the period 1991-92 through 2001-02. Price-cost margins are regressed on refined measures of import competition and some other explanatory variables. The results show a negative effect of import penetration on the profitability of Indian manufacturing firms in the 1990s. On the basis of the econometric results, together with the observed upward trends of import penetration ratios during the period, the paper concludes that the trade liberalization since 1991 in India has decreased the profitability of domestic firms. Moreover, we show that the profit reducing effect of import penetration is smaller for firms with larger market shares. This result is in contrast with earlier empirical studies, but in line with the recent theoretical work (e.g., Melitz, 2003).
DOI：
10.1162/003355398555784
发表时间：
1996-08
期刊：
NBER Working Paper Series
影响因子：
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作者：
Sofronis Clerides;Saul Lach;J. Tybout
通讯作者：
Sofronis Clerides;Saul Lach;J. Tybout