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Market Size, Competition, and the Product Mix of Exporters

Mayer, Thierry ; Melitz, Marc J. ; Ottaviano, Gianmarco I. P.

The American economic review, 2014-02, Vol.104 (2), p.495-536 [Periódico revisado por pares]

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Título:
Market Size, Competition, and the Product Mix of Exporters
Autor: Mayer, Thierry ; Melitz, Marc J. ; Ottaviano, Gianmarco I. P.
Assuntos: Analysis ; Capital costs ; Competition ; Economic competition ; Economic theory ; Economics and Finance ; Exporters ; Exports ; Foreign direct investment ; Gross domestic product ; Humanities and Social Sciences ; International trade ; Management science ; Manufacturers ; Market competition ; Market size ; Market theory ; Product mixes ; Productivity ; Skewed distribution ; Studies ; Western Europe
É parte de: The American economic review, 2014-02, Vol.104 (2), p.495-536
Notas: ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 23
Descrição: We build a theoretical model of multi-product firms that highlights how competition across market destinations affects both a firm f s exported product range and product mix. We show how tougher competition in an export market induces a firm to skew its export sales toward its best performing products. We find very strong confirmation of this competitive effect for French exporters across export market destinations. Theoretically, this within-firm change in product mix driven by the trading environment has important repercussions on firm productivity. A calibrated fit to our theoretical model reveals that these productivity effects are potentially quite large.
Editor: Nashville: American Economic Association
Idioma: Inglês

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