Implicit Collusion Models of Export Pricing: An Econometric Application to the Japanese Case
英一 富浦
What the paper says
This paper examines export competition by interpreting observed export price variations over time as a result of dynamic changes in the sustainability of implicit collusion among ecporters. One model focuses on unpredictable negative shocks on demand as in Green and Porter (1984), while exchange rate fluctuation is emphasized in the altemative model as in Rotemberg and Saloner (1986). The regime classification dummy, which follows a Markov transition process, is estimated endogenously. Switches in export pricing are detected in some of the Japanese industries, especially in textiles.
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.00 × 0.4 = 0.00 |
| M · momentum | 0.20 × 0.15 = 0.03 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.