Trade Liberalisation and Plant Exit in New Zealand Manufacturing
AbstractData on New Zealand manufacturing plants are used to examine the impact of trade liberalization on plant exit. Recent theories suggest that the prospect of a declining market might cause firms to adopt strategic behavior that causes low cost plants to exit first. This hypothesis is generally unsupported. Surviving plants were larger, lower cost, and were owned by specialized firms with few plants. Plant costs were more important than firm size for explaining the plant-closing behavior of single-plant firms. Diversified, multiplant firms were more likely to close plants and were influenced by plant size but not plant costs. Copyright 1996 by MIT Press.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by MIT Press in its journal Review of Economics & Statistics.
Volume (Year): 78 (1996)
Issue (Month): 3 (August)
Contact details of provider:
Web page: http://mitpress.mit.edu/journals/
Other versions of this item:
- Gibson,J.K. & Harris,R.I.D., 1996. "Trade Liberalisation and Plant Exit in New Zealand Manufacturing," Papers, Portsmouth University - Department of Economics 66, Portsmouth University - Department of Economics.
- F10 - International Economics - - Trade - - - General
- F19 - International Economics - - Trade - - - Other
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
This item has more than 25 citations. To prevent cluttering this page, these citations are listed on a separate page. reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Karie Kirkpatrick).
If references are entirely missing, you can add them using this form.