An empirical model of pricing, market share and market conduct: An application to import competition in US manufacturing

Manchester School

Volumn 66, Issue 2, 1998, Pages 196-221

  Allen, Chris ^a  

^a MAASTRICHT UNIVERSITY   (Netherlands)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0004033585     PISSN: 14636786     EISSN: None     Source Type: Journal    
DOI: 10.1111/1467-9957.00097     Document Type: Article

References (31)

1. Appelbaum, E. (1979). 'Testing Price Taking Behaviour', Journal of Econometrics, Vol. 9, pp. 283-294.
2. Baldwin, R. (1988). 'Hysteresis in Import Prices: the Beachhead Effect', American Economic Review, Vol. 78, pp. 773-785.
3. Beggs, A. and Klemperer, P. (1992). 'Multi-period Competition with Switching Costs', Econometrica, Vol. 60, pp. 651-666.
4. Bernstein, J. I. and Mohnen, P. (1991). 'Price-Cost Margins, Exports and Productivity Growth', NBER Working Paper 3584.
5. Bresnahan, T. (1989). 'Empirical Studies of Industries with Market Power', in R. Schmalensee and R. Willig (eds), Handbook of Industrial Organization, Vol. II, Amsterdam, North-Holland.
6. Clarke, R. and Davies, S. W. (1982). 'Market Structure and Price-Cost Margins', Economica, Vol. 49, pp. 277-287.
7. Deaton, A. and Muellbauer, J. (1980a). 'An Almost Ideal Demand System', American Economic Review, Vol. 113, pp. 3-25.
8. Deaton, A. and Muellbauer, J. (1980b). Economics and Consumer Behaviour, Cambridge, Cambridge University Press.
9. Dixit, A. K. and Stiglitz, J. (1977). 'Monopolistic Competition and Optimum Product Variety', American Economic Review, Vol. 67, pp. 297-308.
10. Dornbusch, R. (1986). 'Exchange Rates and Prices', American Economic Review, Vol. 77, pp. 93-106.
11. Duffy, M. (1991). 'Advertising in Demand Systems', Applied Economics, Vol. 23, pp. 485-496.
12. Engle, R. F. and Granger, C. W. J. (1987). 'Co-integration and Error Correction: Representation, Estimation and Testing', Econometrica, Vol. 55, pp. 251-276.
13. Froot, K. and Klemperer, P. (1989). 'Exchange Rate Pass-through When Market Share Matters', American Economic Review, Vol. 79, pp. 637-654.
14. Gagnon, J. E. and Knetter, M. N. (1992). 'Mark-up Adjustment and Exchange Rate Fluctuations', NBER Working Paper 4123.
15. Gallant, A. R. and Holly, A. (1980). 'Statistical Inference in an Implicit, Non-linear Simultaneous Equation Model in the Context of Maximum Likelihood Estimation', Econometrica, Vol. 48, pp. 697-720.
16. Gallant, A. R. and Jorgenson, D. (1979). 'Statistical Inference for a System of Simultaneous Non-linear Implicit Equations in the Context of Instrumental Variable Estimation', Journal of Econometrics, Vol. 11, pp. 275-302.
17. Geroski, P. A. (1988). 'In Pursuit of Monopoly Power', Journal of Applied Econometrics, Vol. 3, pp. 107-123.
18. Gollop, F. and Roberts, M. (1979). 'Firm Interdependence in Oligopolistic Markets', Journal of Econometrics, Vol. 10, pp. 313-331.
19. Hooper, P. and Mann, C. (1989). 'Exchange Rate Pass-through in the 1980s: the Case of US Imports of Manufactures', Brookings Papers on Economic Activity, Vol. 1, pp. 297-337.
20. Johansen, S. (1988). 'Statistical Analysis of Cointegrating Vectors', Journal of Economic Dynamics and Control, Vol. 12, pp. 231-254.
21. Klemperer, P. (1992). 'Competition When Consumers Have Switching Costs', CEPR Discussion Paper 704.
22. Knetter, M. (1993). 'International Comparisons of Pricing-to-market Behaviour', American Economic Review, Vol. 83, pp. 473-486.
23. Krugman, P. and Baldwin, R. E. (1987). 'The Persistence of the US Trade Deficit', Brookings Papers on Economic Activity, Vol. 1, pp. 1-55.
24. Marston, R. (1990). 'Pricing to Market in Japanese Manufacturing', Journal of International Economics, Vol. 29, pp. 217-236.
25. Mirsky, L. (1972). An Introduction to Linear Algebra (3rd edn), Oxford, Oxford University Press.
26. Moffett, M. H. (1989). 'The J-curve Revisited: an Empirical Examination for the United States', Journal of International Money and Finance, Vol. 8, pp. 425-444.
27. Ohno, K. (1989). 'Export Pricing Behaviour of Manufacturing: a US-Japan Comparison', IMF Staff Papers, Vol. 36, pp. 550-579.
28. Roberts, M. (1984). 'Testing Oligopolistic Behaviour', International Journal of Industrial Organization, Vol. 4, pp. 367-384.
29. Slade, M. (1986). 'Conjectures, Firm Characteristics, and Market Structure', International Journal of Industrial Organization, Vol. 4, pp. 347-369.
30. Smith, A. and Venables, A. (1988). 'Completing the Internal Market in the European Community: Some Industry Simulations', European Economic Review, Vol. 32, pp. 1501-1525.
31. Stock, J. H. and Watson, M. W. (1993). 'A Simple Estimator of Cointegrating Vectors in Higher Order Integrated Systems', Econometrica, Vol. 61, No. 4, pp. 783-820.