Arbeitspapier
Markets Shares, Financial Constraints, and Pricing Behavior in the Export Market
A parsimonious structural model of price and quantity dynamics is applied to Swedish exports and export prices for manufactured goods 1972-1996. Two sources of dynamics are considered: customer markets and pre-set prices. The dynamic adjustment of exports is very much in line with what the customer market model predicts: the market share adjusts slowly after a change in the relative price. Prices are sticky in the sense that they do not reflect the most recent information about costs and exchange rates. Prices are high when firms are borrowing heavily, supporting the argument in Gottfries (1991) that financial constraints affect pricing behavior.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 1999:15
- Klassifikation
-
Wirtschaft
Market Structure, Pricing, and Design: Oligopoly and Other Forms of Market Imperfection
Price Level; Inflation; Deflation
Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
Open Economy Macroeconomics
- Thema
-
exports
market share
customer
export price
price setting
markup
sticky price
financial constraints
Auslandsmarkt
Betriebliche Preispolitik
Marktanteil
Exportwirtschaft
Preisrigidität
Schweden
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Gottfries, Nils
- Ereignis
-
Veröffentlichung
- (wer)
-
Uppsala University, Department of Economics
- (wo)
-
Uppsala
- (wann)
-
2001
- Handle
- URN
-
urn:nbn:se:uu:diva-2462
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Gottfries, Nils
- Uppsala University, Department of Economics
Entstanden
- 2001
Ähnliche Objekte (12)
Pricing shares in equity crowdfunding
Corporate Investments in Asian Emerging Markets: Financial Conditions, Financial Development, and Financial Constraints
Too levered for Pigou: Carbon pricing, financial constraints, and leverage regulation
The processing and pricing of macroeconomic information in financial markets
Acquirers and financial constraints: Theory and evidence from emerging markets
Pricing in retail financial markets and the fallacies of consumer education
Strategic uncertainty in financial markets: Evidence from a consensus pricing service
Behavioral heterogeneity and financial markets: Locked/crossed quotes under informationally efficient pricing
Asset Pricing on Segmented Markets: A Synthesis, an Extension and an Application to Islamic Financial Markets
Identifying financial constraints
Cost shares, output elasticities, and substitutability constraints
Cost shares, output elasticities, and substitutability constraints
Pricing shares in equity crowdfunding
Corporate Investments in Asian Emerging Markets: Financial Conditions, Financial Development, and Financial Constraints
Too levered for Pigou: Carbon pricing, financial constraints, and leverage regulation
The processing and pricing of macroeconomic information in financial markets
Acquirers and financial constraints: Theory and evidence from emerging markets
Pricing in retail financial markets and the fallacies of consumer education
Strategic uncertainty in financial markets: Evidence from a consensus pricing service
Behavioral heterogeneity and financial markets: Locked/crossed quotes under informationally efficient pricing
Asset Pricing on Segmented Markets: A Synthesis, an Extension and an Application to Islamic Financial Markets
Identifying financial constraints
Cost shares, output elasticities, and substitutability constraints
Cost shares, output elasticities, and substitutability constraints
Pricing shares in equity crowdfunding
Corporate Investments in Asian Emerging Markets: Financial Conditions, Financial Development, and Financial Constraints
Too levered for Pigou: Carbon pricing, financial constraints, and leverage regulation
The processing and pricing of macroeconomic information in financial markets
Acquirers and financial constraints: Theory and evidence from emerging markets
Pricing in retail financial markets and the fallacies of consumer education
Strategic uncertainty in financial markets: Evidence from a consensus pricing service
Behavioral heterogeneity and financial markets: Locked/crossed quotes under informationally efficient pricing
Asset Pricing on Segmented Markets: A Synthesis, an Extension and an Application to Islamic Financial Markets
Identifying financial constraints
Cost shares, output elasticities, and substitutability constraints