Export prices and increasing world competition : evidence from French, German and Italian pricing behavior

Abstract : The paper compares the export price strategies of France, Germany and Italy using a large and common pool of manufacturing products and destination markets. Our results suggest that pricing-to-market (PTM) is not widespread among French and German exporters, whereas Italian one do adopt more often such a pricing strategy. The standard claim that product specific characteristics play a major role in determining PTM finds little support in our result, which find almost no regularity across products. On the other hand, the hypothesis of an homogeneous behavior across destination countries (even for the same products) is strongly rejected. This suggests that export price changes are mainly determined by source and destination market characteristics. Something similar applies to profit margins as well: the latter move rather homogeneously across products but differently across destinations. Within this heterogeneity, we find that on average profit margins have either remained stable or augmented in the last three decades, so that increased international integration seems not to have reduced firms market power.
Type de document :
Pré-publication, Document de travail
Liste complète des métadonnées

Littérature citée [1 références]  Voir  Masquer  Télécharger

https://hal-sciencespo.archives-ouvertes.fr/hal-00973117
Contributeur : Spire Sciences Po Institutional Repository <>
Soumis le : jeudi 3 avril 2014 - 20:17:38
Dernière modification le : lundi 17 juin 2019 - 18:26:09
Archivage à long terme le : jeudi 3 juillet 2014 - 21:21:03

Fichier

wp2007-25.pdf
Fichiers produits par l'(les) auteur(s)

Identifiants

  • HAL Id : hal-00973117, version 1
  • SCIENCESPO : 2441/6123

Collections

Citation

Sarah Guillou, Stefano Schiavo. Export prices and increasing world competition : evidence from French, German and Italian pricing behavior. 2007. ⟨hal-00973117⟩

Partager

Métriques

Consultations de la notice

271

Téléchargements de fichiers

88