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This paper analyzes markup responses of Danish firms to Chinese imports. Besides negative markup responses due to competitive pressure, we present some evidence for marginal cost savings related to Chinese intermediate goods imports which tend to raise firm-level markups.
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effects of import-competition: the pro-competitive effect fosters productivity, while the direct effect hinders it. The pro …
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technology trade, marketing and imperfect capital markets. Paying an import with export goods rather than cash (barter) helps to … anonymity of the medium of exchange and thus allows to create a collateral for the creditor. Furthermore, tying an import with …
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increased import exposure has led to an increase in the probability of German plants leaving industry-wide bargaining agreements …
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