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dc.contributor.authorColantone, Italo
dc.contributor.authorSleuwaegen, Leo
dc.date.accessioned2017-12-02T14:52:33Z
dc.date.available2017-12-02T14:52:33Z
dc.date.issued2015
dc.identifier.doi10.1093/icc/dtu008
dc.identifier.urihttp://hdl.handle.net/20.500.12127/4851
dc.description.abstractThis article investigates the impact of import competition on firm exit from the manufacturing industries of eight European Union countries. A distinction is made between imports originating from low-cost countries and other imports. While the exit of small firms is high and small firms react strongly to import competition originating from other advanced countries, their exit is not found to be directly affected by imports from low-cost countries. Conversely, the exit rate of larger firms is much smaller in magnitude, but their exit is systematically and positively related to growing imports from low-cost countries. Such empirical evidence is consistent with small and larger firms making up different strategic groups within the same industries, where they face foreign competition of a different nature.
dc.language.isoen
dc.subjectEmpirical Studies of Trade
dc.subjectGlobalization
dc.subjectLow-cost Import Competition
dc.subjectFirm Exit
dc.titleLow-cost import competition and firm exit: Evidence from the EU
dc.identifier.journalIndustrial and Corporate Change
dc.source.volume24
dc.source.issue1
dc.source.beginpage131
dc.source.endpage161
vlerick.knowledgedomainEntrepreneurship
vlerick.typearticleVlerick strategic journal article
vlerick.vlerickdepartmentEGS
dc.identifier.vperid140464
dc.identifier.vperid28098
dc.identifier.vpubid5783


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