The Post 1990 Brazilian Trade Liberalization and the Performance of Large Manufacturing Firms

The paper analyses the effects of the 1990 Brazilian trade liberalizaton on the total factor productivity, market share and profits of a sample of 318 large manufacturing firms. A panel data production function analysis for the period 1986/94 indicates very large total factor productivity gains in the period to 1994, which were accompanied by large falls in market shares and profits. The explanation advanced is that the shock of trade liberalization to profits was so great that firms were stimulated to improve their efficiency dramatically

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Year of publication:	2002
Authors:	Hay, Donald
Publisher:	[S.l.] : SSRN
Subject:	Theorie \| Theory \| Brasilien \| Brazil \| Handelsliberalisierung \| Trade liberalization \| Industrie \| Manufacturing industries \| Schätzung \| Estimation \| Produktivität \| Productivity
Description of contents:	Abstract [papers.ssrn.com]

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Extent:	1 Online-Ressource
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Pesquisa e Planejamento Economico, Vol. 30, No. 2, August 2000 Volltext nicht verfügbar
Classification:	D24 - Production; Capital and Total Factor Productivity; Capacity ; L11 - Production, Pricing, and Market Structure Size; Size Distribution of Firms ; F13 - Commercial Policy; Protection; Promotion; Trade Negotiations ; C23 - Models with Panel Data
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10014111915