Capacity Constraints and Export Performance: Theory and Evidence from Belgian Manufacturing
构建了一个考虑短期产能约束的加成定价模型,利用比利时企业面板数据,分析出口活动如何通过成本灵活性和产能利用率影响企业定价与技术。
A mark-up model for export and domestic pricing is developed using the dual approach of cost functions and taking explicitly into account the possibility of (short-run) capacity constraints. The model is applied on a panel of Belgian firms to infer product market power on both domestic and export markets, as well as to estimate the effect of export activity on the firm technology and pricing, through the effect of cost flexibility and capacity utilization. Copyright 1996 by Blackwell Publishing Ltd.