Arbeitspapier
Import competition, productivity and multi-product firms
Using detailed firm-product level quarterly data, we develop an estimation framework of a Multi-Product Production Function (MPPF) and analyse firm-product level TFP estimations at various levels (industries, products). After documenting our estimation results, we relate productivity estimates with import competition, using firm and product level measures of import competition. We find that if productivity at the firm level tends to positively react to increased import competition, the multi-product firms response varies according to the relative importance of the product that faces stronger import competition in the firm’s product portfolio. When import competition associated to the main product of a firm increases, the firm tend to increase its efficiency in producing that core product, in which it has a productivity advantage. However, when the degree of foreign competition increases for non core products of a firm, it tends to lower its efficiency in producing those goods.
- Sprache
-
Englisch
- Erschienen in
-
Series: NBB Working Paper ; No. 268
- Klassifikation
-
Wirtschaft
Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
Firm Organization and Market Structure
Firm Performance: Size, Diversification, and Scope
- Thema
-
multi-product production function
productivity
import competition
Mehrproduktfertigung
Produktionsfunktion
Produktivität
Import
Internationaler Wettbewerb
Industrie
Schätzung
Belgien
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Dhyne, Emmanuel
Petrin, Amil
Smeets, Valerie
Warzynski, Frederic
- Ereignis
-
Veröffentlichung
- (wer)
-
National Bank of Belgium
- (wo)
-
Brussels
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Dhyne, Emmanuel
- Petrin, Amil
- Smeets, Valerie
- Warzynski, Frederic
- National Bank of Belgium
Entstanden
- 2014