000 01887nam  2200289za 4500
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003CaOODSP
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008180920s2018    oncd    ob   f000 0 eng d
040 |aCaOODSP|beng
041 |aeng|bfre
0861 |aFB3-5/2018-43E-PDF
1001 |aSteingress, Walter.
24510|aMarket size and entry in international trade |h[electronic resource] : |bproduct versus firm fixed costs / |cby Walter Steingress.
260 |a[Ottawa] : |bBank of Canada, |c2018.
300 |aii, 44 p. : |bcol. charts.
4901 |aBank of Canada staff working paper, |x1701-9397 ; |v2018-43
500 |a"September 2018."
504 |aIncludes bibliographical references (p. 22-24).
5203 |a"This paper develops a theoretical framework to infer the nature of fixed costs from the relationship between entry patterns in international markets and destination market size. If fixed costs are at the firm level, firms take advantage of an intrafirm spillover by expanding firm-level product range (scope). Few firms enter with many products and dominate international trade. If fixed costs are at the product level, an interfirm spillover reduces the fixed costs to export for all firms producing the product. Using cross-country data on firm and product, I find empirical evidence consistent with product-level costs. More firms than products enter in larger markets, offering their consumers lower prices and a greater variety of goods within the product category"--Abstract, p. ii.
546 |aIncludes abstract in French.
693 4|aInternational trade
693 4|aOverhead costs
7102 |aBank of Canada.
830#0|aStaff working paper (Bank of Canada)|x1701-9397 ; |v2018-43.|w(CaOODSP)9.806221
85640|qPDF|s635 KB|uhttps://publications.gc.ca/collections/collection_2018/banque-bank-canada/FB3-5-2018-43-eng.pdf