Heterogeneous responses to competitive shocks: firm-level evidence from Chile

This paper empirically characterizes rm-level responses to a competitive shock given by rising import competition from China. We use microdata on the universe of Chile's manufacturing rms during 1995-2006. For identi cation we exploit the fact that Chinese import penetration (CIP) increased d...

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Detalles Bibliográficos
Autores principales: César, Andrés Manuel, Falcone, Guillermo
Formato: Objeto de conferencia
Lenguaje:Inglés
Publicado: 2017
Materias:
Ciencias Económicas
Manufacturing
China import penetration
Firm adjustment
TFP
Chile
Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/123322
https://aaep.org.ar/anales/works/works2017/cesar.pdf
Aporte de:
SEDICI (UNLP) de Universidad Nacional de La Plata
id I19-R120-10915-123322
record_format dspace
institution Universidad Nacional de La Plata
institution_str I-19
repository_str R-120
collection SEDICI (UNLP)
language Inglés
topic Ciencias Económicas
Manufacturing
China import penetration
Firm adjustment
TFP
Chile
spellingShingle Ciencias Económicas
Manufacturing
China import penetration
Firm adjustment
TFP
Chile
César, Andrés Manuel
Falcone, Guillermo
Heterogeneous responses to competitive shocks: firm-level evidence from Chile
topic_facet Ciencias Económicas
Manufacturing
China import penetration
Firm adjustment
TFP
Chile
description This paper empirically characterizes rm-level responses to a competitive shock given by rising import competition from China. We use microdata on the universe of Chile's manufacturing rms during 1995-2006. For identi cation we exploit the fact that Chinese import penetration (CIP) increased di erently over time across manufacturing industries. We use chinese export growth in high-income industry-country pairs as instruments for CIP. Average CIP across industries increased from 1.5% in 1995 to 10.1% in 2006. Our results suggest that rms in industries more exposed to rising CIP dismiss more workers, reduce their sales and face a higher probability of exiting the market relative to comparable rms in less exposed industries. All these e ects are less pronounced for more productive rms.
format Objeto de conferencia
Objeto de conferencia
author César, Andrés Manuel
Falcone, Guillermo
author_facet César, Andrés Manuel
Falcone, Guillermo
author_sort César, Andrés Manuel
title Heterogeneous responses to competitive shocks: firm-level evidence from Chile
title_short Heterogeneous responses to competitive shocks: firm-level evidence from Chile
title_full Heterogeneous responses to competitive shocks: firm-level evidence from Chile
title_fullStr Heterogeneous responses to competitive shocks: firm-level evidence from Chile
title_full_unstemmed Heterogeneous responses to competitive shocks: firm-level evidence from Chile
title_sort heterogeneous responses to competitive shocks: firm-level evidence from chile
publishDate 2017
url http://sedici.unlp.edu.ar/handle/10915/123322
https://aaep.org.ar/anales/works/works2017/cesar.pdf
work_keys_str_mv AT cesarandresmanuel heterogeneousresponsestocompetitiveshocksfirmlevelevidencefromchile
AT falconeguillermo heterogeneousresponsestocompetitiveshocksfirmlevelevidencefromchile
bdutipo_str Repositorios
_version_ 1764820449318928385

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