The effects of low-cost countries on Portuguese manufacturing import prices
This paper estimates the direct effect of low-cost countries on Portuguese manufacturing import prices, using detailed data both by product and by geographical market for the period 1997-2006. The results point to a negative but modest direct effect when compared with studies available for other countries. This is understandable given the lower share of low-cost countries in Portuguese imports. However, besides this direct effect, import prices were influenced by several other factors, some also related to the increasing presence of low-cost countries in international markets. Overall, this lower direct effect was not reflected in a differentiated evolution of manufacturing import prices in Portugal as its evolution was very close to the average of the euro area countries
|Date of creation:||2008|
|Date of revision:|
|Contact details of provider:|| Postal: R. do Ouro, 27, 1100 LISBOA|
Phone: 21 321 32 00
Fax: 21 346 48 43
Web page: http://www.bportugal.pt
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Rui Pedro Esteves & Jaime Reis & Fabiano Ferramosca, 2005.
"Market Integration in the Golden Periphery - the Lisbon/London Exchange, 1854-1891,"
w200515, Banco de Portugal, Economics and Research Department.
- Esteves, Rui Pedro & Reis, Jaime & Ferramosca, Fabiano, 2009. "Market Integration in the Golden Periphery. The Lisbon/London Exchange, 1854-1891," Explorations in Economic History, Elsevier, vol. 46(3), pages 324-345, July.
- Rui Esteves & Jaime Reis, 2007. "Market Integration in the Golden Periphery,The Lisbon/London Exchange, 1854-1891," Economics Series Working Papers 338, University of Oxford, Department of Economics.
When requesting a correction, please mention this item's handle: RePEc:ptu:wpaper:w200804. See general 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: (DEE-NTDD)
If references are entirely missing, you can add them using this form.