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    题名: Profitability, concentration, imports and exports: the case of Taiwan`s midstream petrochemical industries
    作者: Wang, Kuo-Liang;Wang, Shu-Ching
    王國樑;王淑卿
    贡献者: 經濟系
    日期: 2008-06
    上传时间: 2015-09-03 16:58:55 (UTC+8)
    摘要: Based on an open-economy oligopoly model, causalities among domestic firms` price-cost margin (PCM), domestic concentration, import and export shares are derived and a simultaneous-equation system is established. By utilizing the 1989-1997 data of Taiwan`s midstream petrochemical industries, three-stage least squares is used to estimate the system. The empirical results confirm the derived results, and demonstrate: (1) there exist simultaneous relationships among domestic PCM, domestic concentration, import and export shares; (2) import concentration affects domestic concentration positively, but affects domestic PCM, import and export shares negatively; (3) diversifying international markets improves domestic firms` PCM; (4) domestic firms seem to be in a situation of collusion.
    關聯: Applied Economics, 40(11), 1457-1473
    数据类型: article
    DOI 連結: http://dx.doi.org/10.1080/00036840600820697
    DOI: 10.1080/00036840600820697
    显示于类别:[經濟學系] 期刊論文

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