Imports-Competition-Single European Market
This paper analyses the empirical literature which tests the hypothesis that imports (or potential imports) may increase domestic competition. Most of studies analysed, including those conducted on industrialised countries and more recent contributions on less developed countries, confirm the existence of a negative correlation between firms’ profit margins and the degree of imports penetration. This hypothesis has been analysed within the discussion of the impact of the Single European Market Program: the available empirical evidence suggest the existence of pro-competitive effects induced by the creation of the Single European Market. This result has been confirmed by empirical analysis conducted on Italian data.
|Length:||25 pages Keywords : Imports-Competition-Single European Market|
|Date of creation:||Jun 1998|
|Date of revision:|
|Contact details of provider:|| Postal: |
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- Alessandro Sembenelli & Laura Rondi & Fabio Schiantarelli & Brian Sack, 1993. "Firms' Financial And Real Responses To Business Cycle Shocks And Monetary Tightening: Evidence For Large And Small Italian Companies," CERIS Working Paper 199305, Institute for Economic Research on Firms and Growth - Moncalieri (TO).
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