The impact of foreign and domestic competition on pricing in Australian manufacturing

Simple item page
dc.contributor.authorBloch, Harry
dc.date.accessioned2022-12-13T05:28:38Z
dc.date.available2022-12-13T05:28:38Z
dc.date.issued1991-09
dc.description.abstractprices set by domestic producers are related to both domestic production costs and the prices set by foreign competitors in an analysis of profit-maximizing pricing for domestic production in a small open economy. This analysis provides the basis for the specification of regression relating domestic price to unit production cost and the price of competing foreign products. Regression are calculated for each of thirty-four Australian manufacturing industries. Variation across industries is found in the strength of the influence of both direct production cost and foreign price. The estimated coefficients from the individual industry regressions are then regressed against concentration of production in the domestic market and the trade exposure of the domestic industry. These second-stage regressions indicate that higher levels of both concentration of the domestic market and exposure to trade are associated with domestic prices being more strongly affected by foreign prices of competing products and less strongly affected by the direct costs of the domestic producers.en_US
dc.identifier.urihttp://econspace.ips.lk/handle/789/1200
dc.language.isoenen_US
dc.subjectOpen economy, Austraila, Trade, Manufacturing industriesen_US
dc.titleThe impact of foreign and domestic competition on pricing in Australian manufacturingen_US
dc.typeOtheren_US
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
P000602.pdf
Size:
7.92 MB
Format:
Adobe Portable Document Format
Description:
The impact of foreign and domestic competition on pricing in a Australian manufacturing
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections
Economics