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| LEADER |
01355nam a2200169Ia 4500 |
| 001 |
10.1111-iere.12409 |
| 008 |
220511s2019 CNT 000 0 und d |
| 020 |
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|a 00206598 (ISSN)
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| 245 |
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|a TRADE POLICY AND MARKET POWER: FIRM-LEVEL EVIDENCE
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| 260 |
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|b Blackwell Publishing Inc.
|c 2019
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| 856 |
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|z View Fulltext in Publisher
|u https://doi.org/10.1111/iere.12409
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| 520 |
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|a This article identifies the effect of trade policy on market power through new data and a new identification strategy. We identify market power by observing how exporting firms price discriminate across markets following variations in bilateral exchange rates. Pricing-to-market is prevalent in all countries in our sample, even among small firms, although it is increasing in firm size. More importantly, we find that the effect of nontariff measures (NTMs) is not isomorphic to that of tariffs. Whereas tariffs reduce the market power of foreign firms through rent-shifting effects, NTMs reinforce the market power of nonexiting firms, domestic and foreign alike. © (2019) by the Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association
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|a Asprilla, A.
|e author
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|a Berman, N.
|e author
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|a Cadot, O.
|e author
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| 700 |
1 |
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|a Jaud, M.
|e author
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| 773 |
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|t International Economic Review
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