Article
Licensed
Unlicensed
Requires Authentication
Tariffs, Entry Regulation and Markups: Country Size Matters
-
Bernard Hoekman
Published/Copyright:
September 28, 2004
Abstract
Actual and potential competition is a powerful source of discipline on the pricing behavior of firms. This paper extends the empirical literature on the pro-competitive impact of policy reforms by investigating the effects on price markups of barriers to both domestic and foreign entry in a sample of developed and developing countries. While both are found to be important determinants of industry markups, we find that country size affects the impact of tariffs and domestic entry regulation. Country size dampens the impact of the former and strengthens the effect of the latter.
Published Online: 2004-09-28
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
You are currently not able to access this content.
You are currently not able to access this content.
Articles in the same Issue
- Advances Article
- Price Stability and Monetary Policy Effectiveness when Nominal Interest Rates are Bounded at Zero
- Contributions Article
- Aggregate Price Changes and Dispersion: A Comparison of the Equity and Goods and Services Markets
- Dissemination of Technology in Market and Planned Economies
- Interest-Rate Smoothing: Monetary Policy Inertia or Unobserved Variables?
- Is the U.S. Aggregate Production Function Cobb-Douglas? New Estimates of the Elasticity of Substitution
- What Does It Take to Explain Procyclical Productivity?
- Endogenous Distribution, Politics, and the Growth-Equity Tradeoff
- Explaining Speculative Expansions
- Tariffs, Entry Regulation and Markups: Country Size Matters
- Schumpeterian Growth, North-South Trade and Wage Rigidity
- Do Federal Reserve Policy Surprises Reveal Superior Information about the Economy?
- Bailouts and Bank Runs in a Model of Crony Capitalism
- Multiple Equilibria in Heterogeneous Expectations Models
- Topics Article
- Empirical Perspectives on Long-Term External Debt
- Output Gap Uncertainty and Monetary Policy During the 1970s
- The UK Household Sector Demand for Risky Money
- The Relationship between Stock Prices, House Prices and Consumption in OECD Countries
- Labor Market Performance and Flexibility: Which Comes First?
- A Simple Locally Interactive Model of Ergodic and Nonergodic Growth
- Do Minimum Wages Raise the NAIRU?
- Strictly Endogenous Growth with Non-renewable Resources Implies an Unbounded Growth Rate
- Creative Destruction and Policy in a Model of Endogenous Growth
- Intergenerational Habits, Fiscal Policy, and Welfare
- Output Composition of the Monetary Policy Transmission Mechanism in Japan
- Socio-Cultural Variables and Economic Success: Evidence from Italian Provinces 1951-1991
- Monetary Policy and the Information Content of the Yield Spread
- The Dynamics of Fertility and Growth: Baby Boom, Bust and Bounce-Back
- Imbalance Effects in the Lucas Model: an Analytical Exploration
- Assessing Aggregate Tests of Efficiency for Dynamic Economies
- The Output Gap, Expected Future Inflation and Inflation Dynamics: Another Look
- Unions and Workforce Adjustment Costs
Articles in the same Issue
- Advances Article
- Price Stability and Monetary Policy Effectiveness when Nominal Interest Rates are Bounded at Zero
- Contributions Article
- Aggregate Price Changes and Dispersion: A Comparison of the Equity and Goods and Services Markets
- Dissemination of Technology in Market and Planned Economies
- Interest-Rate Smoothing: Monetary Policy Inertia or Unobserved Variables?
- Is the U.S. Aggregate Production Function Cobb-Douglas? New Estimates of the Elasticity of Substitution
- What Does It Take to Explain Procyclical Productivity?
- Endogenous Distribution, Politics, and the Growth-Equity Tradeoff
- Explaining Speculative Expansions
- Tariffs, Entry Regulation and Markups: Country Size Matters
- Schumpeterian Growth, North-South Trade and Wage Rigidity
- Do Federal Reserve Policy Surprises Reveal Superior Information about the Economy?
- Bailouts and Bank Runs in a Model of Crony Capitalism
- Multiple Equilibria in Heterogeneous Expectations Models
- Topics Article
- Empirical Perspectives on Long-Term External Debt
- Output Gap Uncertainty and Monetary Policy During the 1970s
- The UK Household Sector Demand for Risky Money
- The Relationship between Stock Prices, House Prices and Consumption in OECD Countries
- Labor Market Performance and Flexibility: Which Comes First?
- A Simple Locally Interactive Model of Ergodic and Nonergodic Growth
- Do Minimum Wages Raise the NAIRU?
- Strictly Endogenous Growth with Non-renewable Resources Implies an Unbounded Growth Rate
- Creative Destruction and Policy in a Model of Endogenous Growth
- Intergenerational Habits, Fiscal Policy, and Welfare
- Output Composition of the Monetary Policy Transmission Mechanism in Japan
- Socio-Cultural Variables and Economic Success: Evidence from Italian Provinces 1951-1991
- Monetary Policy and the Information Content of the Yield Spread
- The Dynamics of Fertility and Growth: Baby Boom, Bust and Bounce-Back
- Imbalance Effects in the Lucas Model: an Analytical Exploration
- Assessing Aggregate Tests of Efficiency for Dynamic Economies
- The Output Gap, Expected Future Inflation and Inflation Dynamics: Another Look
- Unions and Workforce Adjustment Costs
