TY - JOUR AU - Anderson, Michael A. AU - Signoret, Jose E. AU - Davies, Martin H. AU - Smith, Stephen L. S. TI - Indian buyers in global markets: Quality, prices and productivity JF - WORLD ECONOMY J2 - WORLD ECON VL - 47 PY - 2024 IS - 2 SP - 567 EP - 589 PG - 23 SN - 0378-5920 DO - 10.1111/twec.13428 UR - https://m2.mtmt.hu/api/publication/34245531 ID - 34245531 AB - This paper adds to the new literature on firms' direct sourcing of imported intermediate inputs. We address key gaps in the literature by examining the influence of source country characteristics on import prices, the import behaviour of Indian firms and empirical strategies to address source country selection bias, while using disaggregated import data at the firm, product and source country level. We offer a theoretical contribution which suggests that source characteristics affect firms' willingness to pay for imported inputs, particularly high-quality differentiated inputs. Our unique and detailed data set of Indian manufacturers' imported inputs allows us to control for all firm and product characteristics to eliminate missing-variable bias with fixed effects, and to correct for possible selection bias in firms' source country choices. Results indicate that source country characteristics matter. Import prices rise for products sourced from high-income per capita countries, rise with distance and fall with GDP and remoteness (the latter a new finding suggested by our theory). High productivity firms that also export appear particularly willing to pay high prices for high-quality inputs from specific source countries. Our results suggest that, apart from other consequences, restrictions on imported inputs harm firms' ability to upgrade product quality. LA - English DB - MTMT ER - TY - JOUR AU - He, Yaxing AU - Shen, Yanan AU - Xie, Chi TI - Internal adjustment and digital transformation of intermediate inputs: Economic performance and environmental effects JF - JOURNAL OF CLEANER PRODUCTION J2 - J CLEAN PROD VL - 419 PY - 2023 PG - 14 SN - 0959-6526 DO - 10.1016/j.jclepro.2023.138155 UR - https://m2.mtmt.hu/api/publication/34245529 ID - 34245529 AB - With the increasing importance of supply chain security and the vigorous development of the digital economy, the trend of internal adjustment and digital transformation of intermediate input has become more obvious. Therefore, the impact this dual structural adjustment of intermediate input will have on the economy and environment is an interesting and practical topic. Therefore, this article proposes a new decomposition framework for intermediate input and total output, and constructs a production model that considers intermediate inputs and digital transformation. Based on the WIOT, socioeconomic accounts, and environmental accounts of the WIOD from 2000 to 2014, the panel regression model is used to analyze the economic benefits and environmental impacts brought by the internal adjustment of intermediate inputs and digital transformation.The results show that the internal adjustment of intermediate inputs and digital transformation can promote the improvement of total output by influencing multiple aspects of the economy and environment. The internal adjustment of nondigital intermediate inputs promotes the expansion of export scale and reduces the carbon intensity of added value. The digital transformation of intermediate input and internal adjustment of intermediate input strengthen the direct technical connection between domestic and foreign markets and increase the value-added share of the domestic market. However, the adjustment of intermediate input structure may also bring negative economic environmental effects. This article enriches the research on the adjustment of intermediate input structure from the dual perspectives of internalization and digitization, taking into account economic performance and environmental effects. Based on the research results, we put forward some ideas to promote high-quality development from the perspective of adjusting the structure of intermediate investment, such as countries (or regions) should actively promote the development and implementation of digital technology. LA - English DB - MTMT ER - TY - JOUR AU - Macedoni, Luca AU - Mattana, Elena TI - Pricing in firm-to-firm trade: evidence from a Danish multinational JF - REVIEW OF WORLD ECONOMICS J2 - REV WORLD ECON PY - 2023 PG - 65 SN - 1610-2878 DO - 10.1007/s10290-023-00506-4 UR - https://m2.mtmt.hu/api/publication/34245530 ID - 34245530 AB - We study pricing decisions in firm-to-firm trade. Using novel detailed transaction-level data from a Danish multinational firm, we uncover considerable price dispersion across countries, customers, and, surprisingly, within the same customer. In fact, we find that transaction-specific characteristics are the most important factors in explaining price variation. The extent of price dispersion within a customer relationship can be affected by the firm's price setting strategy. Our unique dataset allows us to examine the consequences of introducing price lists containing recommended and minimum prices. We find that prices converge towards the recommended price, and that price dispersion within a customer can decline if the price lists successfully narrow the pricing range for the products that the customer purchases. LA - English DB - MTMT ER - TY - JOUR AU - Dhyne, Emmanuel AU - Kikkawa, Ayumu Ken AU - Magerman, Glenn TI - Imperfect Competition in Firm-to-Firm Trade JF - JOURNAL OF THE EUROPEAN ECONOMIC ASSOCIATION J2 - J EUR ECON ASSOC VL - 20 PY - 2022 IS - 5 SP - 1933 EP - 1970 PG - 38 SN - 1542-4766 DO - 10.1093/jeea/jvac013 UR - https://m2.mtmt.hu/api/publication/32947702 ID - 32947702 AB - This paper studies the implications of imperfect competition in firm-to-firm trade. Exploiting data on the universe of sales relationships between Belgian firms, we document that firms' markups increase in the average input shares among their buyers. Motivated by this fact, we develop and estimate a model where firms charge buyer-supplier-specific markups that depend on the bilateral input shares. We find markup dispersion within firms across buyers creates substantial welfare loss: Aggregate welfare increases by around 6% when firms are banned from charging different markups across buyers. LA - English DB - MTMT ER - TY - JOUR AU - Choudhry, Sonam TI - DISPERSION IN INPUT AND OUTPUT PRICES: A FIRM-LEVEL ANALYSIS JF - SINGAPORE ECONOMIC REVIEW J2 - SINGAP ECON REV PY - 2021 PG - 25 SN - 0217-5908 DO - 10.1142/S0217590821500557 UR - https://m2.mtmt.hu/api/publication/32320136 ID - 32320136 AB - Analyzing representative and rich data on the Indian formal manufacturing sector, this paper tries to establish an empirical relationship between prices of input, output and firm size of the plant. The firm-level data reflect tremendous dispersion in prices that firms pay to purchase material input even within an industry. Price heterogeneity is also observed for prices that firms charge for their output even for narrowly defined products. The paper constructs a model using information on output and input choices by firms to analyze the observed patterns. The paper finds that on average, bigger plants not only pay a premium for the inputs used in the production process, but also charge a premium for their outputs. After documenting the empirical relationship, the paper discusses the possible sources for price dispersion. The paper highlights sectoral variations in the correlation between plant size and prices, which are consistent with the findings in the literature related to the scope for quality differentiation in output as well as inputs. The empirical pattern observed supports the hypothesis that correlation between plant size and price can be driven by market power. LA - English DB - MTMT ER - TY - JOUR AU - Bastos, P AU - Silva, J AU - Verhoogen, E TI - Export Destinations and Input Prices JF - AMERICAN ECONOMIC REVIEW J2 - AM ECON REV VL - 108 PY - 2018 IS - 2 SP - 353 EP - 392 PG - 40 SN - 0002-8282 DO - 10.1257/aer.20140647 UR - https://m2.mtmt.hu/api/publication/27194359 ID - 27194359 LA - English DB - MTMT ER - TY - JOUR AU - Vandenbussche, H AU - Viegelahn, C TI - Input reallocation within multi-product firms JF - JOURNAL OF INTERNATIONAL ECONOMICS J2 - J INT ECON VL - 114 PY - 2018 SP - 63 EP - 79 PG - 17 SN - 0022-1996 DO - 10.1016/j.jinteco.2018.04.010 UR - https://m2.mtmt.hu/api/publication/27478005 ID - 27478005 LA - English DB - MTMT ER - TY - JOUR AU - Fan, HC AU - Li, YA AU - Yeaple, SR TI - Trade Liberalization, Quality, and Export Prices JF - REVIEW OF ECONOMICS AND STATISTICS J2 - REV ECON STAT VL - 97 PY - 2015 IS - 5 SP - 1033 EP - 1051 PG - 19 SN - 0034-6535 DO - 10.1162/REST_a_00524 UR - https://m2.mtmt.hu/api/publication/25276092 ID - 25276092 LA - English DB - MTMT ER - TY - JOUR AU - Berman, N AU - Martin, P AU - Mayer, T TI - How do different exporters react to exchange rate changes? JF - QUARTERLY JOURNAL OF ECONOMICS J2 - Q J ECON VL - 127 PY - 2012 IS - 1 SP - 437 EP - 492 PG - 56 SN - 0033-5533 DO - 10.1093/qje/qjr057 UR - https://m2.mtmt.hu/api/publication/22315112 ID - 22315112 LA - English DB - MTMT ER - TY - JOUR AU - Kugler, M AU - Verhoogen, E TI - Prices, plant size, and product quality JF - REVIEW OF ECONOMIC STUDIES J2 - REV ECON STUD VL - 79 PY - 2012 IS - 1 SP - 307 EP - 339 PG - 33 SN - 0034-6527 DO - 10.1093/restud/rdr021 UR - https://m2.mtmt.hu/api/publication/22315111 ID - 22315111 LA - English DB - MTMT ER - TY - JOUR AU - Mallick, S AU - Marques, H TI - Pricing to market with trade liberalization. the role of market heterogeneity and product differentiation in India's exports TS - the role of market heterogeneity and product differentiation in India's exports JF - JOURNAL OF INTERNATIONAL MONEY AND FINANCE J2 - J INT MONEY FINANC VL - 31 PY - 2012 IS - 2 SP - 310 EP - 336 PG - 27 SN - 0261-5606 DO - 10.1016/j.jimonfin.2011.11.014 UR - https://m2.mtmt.hu/api/publication/22315110 ID - 22315110 LA - English DB - MTMT ER - TY - BOOK AU - Defever, F TI - Incomplete contracts and the impact of globalization on consumer welfare T3 - CEPR Discussion Paper ; 1057. PB - Centre for Economic Performance, London School of Economics and Political Science CY - London PY - 2011 SP - 32 UR - https://m2.mtmt.hu/api/publication/21682994 ID - 21682994 LA - English DB - MTMT ER - TY - JOUR AU - Mallick, S AU - Marques, H TI - Data frequency and exchange rate pass-through: Evidence from India's exports JF - INTERNATIONAL REVIEW OF ECONOMICS & FINANCE J2 - INT REV ECON FINANC VL - 19 PY - 2010 IS - 1 SP - 13 EP - 22 PG - 10 SN - 1059-0560 DO - 10.1016/j.iref.2009.02.007 UR - https://m2.mtmt.hu/api/publication/22315113 ID - 22315113 LA - English DB - MTMT ER -