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Market shares, financial constraints and pricing behaviour in the export market
Uppsala University, Disciplinary Domain of Humanities and Social Sciences, Faculty of Social Sciences, Department of Economics.
2002 (English)In: Economica, ISSN 0013-0427, E-ISSN 1468-0335, Vol. 69, no 276, 583-607 p.Article in journal (Refereed) Published
Abstract [en]

A structural dynamic model of price and quantity adjustment is estimated on time series data for exports and export prices, Two sources of dynamics are considered: customer markets and preset prices. As predicted by the customer market model, the market share adjusts slowly after a change in the relative price and Financial conditions affect prices, Prices are found to be sticky in the sense that they do not reflect the most recent information about costs and exchange rates. A parsimoniously parameterized structural model explains about 90% of the variation in market share and the relative price.

Place, publisher, year, edition, pages
2002. Vol. 69, no 276, 583-607 p.
National Category
Economics
Identifiers
URN: urn:nbn:se:uu:diva-229552DOI: 10.1111/1468-0335.00302ISI: 000179164500004OAI: oai:DiVA.org:uu-229552DiVA: diva2:736981
Available from: 2014-08-11 Created: 2014-08-11 Last updated: 2017-12-05Bibliographically approved

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Gottfries, Nils

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