Multinational Retailers and Home Country Food Exports
Multinational Retailers and Home Country Food Exports
复制标题
跨国零售商和本国食品出口
DOI：
10.1093/ajae/aau017
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发表时间：
2015
期刊：
影响因子：
--
通讯作者：
K. Latouche
中科院分区：
文献类型：
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作者：
Angela Cheptea;C. Emlinger;K. Latouche
本文质疑一国零售商的海外扩张是否促进了对这些东道国市场的总体双边出口。为了解决这个问题，我们考虑了一个经验贸易模型，其中的跨国零售商的国外销售减少了固定和可变的贸易成本，他们的跨国公司对相同的目的地市场。我们用2001-2010十年期间一大批国家的双边出口数据和世界上最大的100家零售商的对外销售数据来测试我们的模型。我们发现，一个国家的零售商在海外的存在对其向这些市场的出口产生了强烈的积极影响。这一结果远非微不足道，因为大多数在外国零售店销售的产品都是当地生产的。它证明，一国零售公司的海外存在有助于降低其他原籍国公司在这些市场的贸易成本。我们的结果是强大的不同规格，使用不同的工具变量和计量经济学方法。
This paper questions whether the overseas expansion of a country’s retailers fosters overall bilateral exports towards these host markets. To address this question, we consider an empirical trade model, where the foreign sales of multinational retailers reduce the fixed and variable trade costs of their co-national firms towards the same destination markets. We test our model with data on bilateral exports on a large panel of countries and the foreign sales of world’s largest one hundred retailers over the 2001-2010 decade. We find a strong positive effect of the overseas presence of a country’s retailers on its exports to those markets. This outcome is far from being trivial, as most products sold in retailers foreign outlets are locallyproduced. It testifies that the overseas presence of a country’s retail companies contributes to the reduction of trade costs towards these markets for other origin country firms. Our result is robust to different specifications, the use of different sets of instrumental variables and econometric approaches.