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Some observers argue that increased real integration has led to greater co-movement of prices internationally. We examine the evidence for cross-border price spillovers among economies participating in the pan-Asian cross-border production networks. Starting with country-level data, we find that...
Persistent link: https://www.econbiz.de/10010938746
Import competition from China is pervasive in the sense that for many good categories, the competitive environment that US fi?rms face in these markets is strongly driven by the prices of Chinese imports, and so is their pricing decision. This paper quanti?fies the effect of the...
Persistent link: https://www.econbiz.de/10011107080