Heterogeneous responses to competitive shocks: firm-level evidence from Chile

Autores
César, Andrés Manuel; Falcone, Guillermo
Año de publicación
2017
Idioma
inglés
Tipo de recurso
documento de conferencia
Estado
versión publicada
Descripción
This paper empirically characterizes rm-level responses to a competitive shock given by rising import competition from China. We use microdata on the universe of Chile's manufacturing rms during 1995-2006. For identi cation we exploit the fact that Chinese import penetration (CIP) increased di erently over time across manufacturing industries. We use chinese export growth in high-income industry-country pairs as instruments for CIP. Average CIP across industries increased from 1.5% in 1995 to 10.1% in 2006. Our results suggest that rms in industries more exposed to rising CIP dismiss more workers, reduce their sales and face a higher probability of exiting the market relative to comparable rms in less exposed industries. All these e ects are less pronounced for more productive rms.
Centro de Estudios Distributivos, Laborales y Sociales
Materia
Ciencias Económicas
Manufacturing
China import penetration
Firm adjustment
TFP
Chile
Nivel de accesibilidad
acceso abierto
Condiciones de uso
http://creativecommons.org/licenses/by-nc-sa/4.0/
Repositorio
SEDICI (UNLP)
Institución
Universidad Nacional de La Plata
OAI Identificador
oai:sedici.unlp.edu.ar:10915/123322
Acceder
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oai_identifier_str oai:sedici.unlp.edu.ar:10915/123322
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repository_id_str 1329
network_name_str SEDICI (UNLP)
spelling Heterogeneous responses to competitive shocks: firm-level evidence from ChileCésar, Andrés ManuelFalcone, GuillermoCiencias EconómicasManufacturingChina import penetrationFirm adjustmentTFPChileThis paper empirically characterizes rm-level responses to a competitive shock given by rising import competition from China. We use microdata on the universe of Chile's manufacturing rms during 1995-2006. For identi cation we exploit the fact that Chinese import penetration (CIP) increased di erently over time across manufacturing industries. We use chinese export growth in high-income industry-country pairs as instruments for CIP. Average CIP across industries increased from 1.5% in 1995 to 10.1% in 2006. Our results suggest that rms in industries more exposed to rising CIP dismiss more workers, reduce their sales and face a higher probability of exiting the market relative to comparable rms in less exposed industries. All these e ects are less pronounced for more productive rms.Centro de Estudios Distributivos, Laborales y Sociales2017-11info:eu-repo/semantics/conferenceObjectinfo:eu-repo/semantics/publishedVersionObjeto de conferenciahttp://purl.org/coar/resource_type/c_5794info:ar-repo/semantics/documentoDeConferenciaapplication/pdfhttp://sedici.unlp.edu.ar/handle/10915/123322enginfo:eu-repo/semantics/altIdentifier/isbn/978-987-28590-5-3info:eu-repo/semantics/altIdentifier/url/https://aaep.org.ar/anales/works/works2017/cesar.pdfinfo:eu-repo/semantics/altIdentifier/issn/1852-0022info:eu-repo/semantics/openAccesshttp://creativecommons.org/licenses/by-nc-sa/4.0/Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0)reponame:SEDICI (UNLP)instname:Universidad Nacional de La Platainstacron:UNLP2025-09-29T11:29:34Zoai:sedici.unlp.edu.ar:10915/123322Institucionalhttp://sedici.unlp.edu.ar/Universidad públicaNo correspondehttp://sedici.unlp.edu.ar/oai/snrdalira@sedici.unlp.edu.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:13292025-09-29 11:29:34.792SEDICI (UNLP) - Universidad Nacional de La Platafalse
dc.title.none.fl_str_mv Heterogeneous responses to competitive shocks: firm-level evidence from Chile
title Heterogeneous responses to competitive shocks: firm-level evidence from Chile
spellingShingle Heterogeneous responses to competitive shocks: firm-level evidence from Chile
César, Andrés Manuel
Ciencias Económicas
Manufacturing
China import penetration
Firm adjustment
TFP
Chile
title_short Heterogeneous responses to competitive shocks: firm-level evidence from Chile
title_full Heterogeneous responses to competitive shocks: firm-level evidence from Chile
title_fullStr Heterogeneous responses to competitive shocks: firm-level evidence from Chile
title_full_unstemmed Heterogeneous responses to competitive shocks: firm-level evidence from Chile
title_sort Heterogeneous responses to competitive shocks: firm-level evidence from Chile
dc.creator.none.fl_str_mv César, Andrés Manuel
Falcone, Guillermo
author César, Andrés Manuel
author_facet César, Andrés Manuel
Falcone, Guillermo
author_role author
author2 Falcone, Guillermo
author2_role author
dc.subject.none.fl_str_mv Ciencias Económicas
Manufacturing
China import penetration
Firm adjustment
TFP
Chile
topic Ciencias Económicas
Manufacturing
China import penetration
Firm adjustment
TFP
Chile
dc.description.none.fl_txt_mv This paper empirically characterizes rm-level responses to a competitive shock given by rising import competition from China. We use microdata on the universe of Chile's manufacturing rms during 1995-2006. For identi cation we exploit the fact that Chinese import penetration (CIP) increased di erently over time across manufacturing industries. We use chinese export growth in high-income industry-country pairs as instruments for CIP. Average CIP across industries increased from 1.5% in 1995 to 10.1% in 2006. Our results suggest that rms in industries more exposed to rising CIP dismiss more workers, reduce their sales and face a higher probability of exiting the market relative to comparable rms in less exposed industries. All these e ects are less pronounced for more productive rms.
Centro de Estudios Distributivos, Laborales y Sociales
description This paper empirically characterizes rm-level responses to a competitive shock given by rising import competition from China. We use microdata on the universe of Chile's manufacturing rms during 1995-2006. For identi cation we exploit the fact that Chinese import penetration (CIP) increased di erently over time across manufacturing industries. We use chinese export growth in high-income industry-country pairs as instruments for CIP. Average CIP across industries increased from 1.5% in 1995 to 10.1% in 2006. Our results suggest that rms in industries more exposed to rising CIP dismiss more workers, reduce their sales and face a higher probability of exiting the market relative to comparable rms in less exposed industries. All these e ects are less pronounced for more productive rms.
publishDate 2017
dc.date.none.fl_str_mv 2017-11
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url http://sedici.unlp.edu.ar/handle/10915/123322
dc.language.none.fl_str_mv eng
language eng
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info:eu-repo/semantics/altIdentifier/url/https://aaep.org.ar/anales/works/works2017/cesar.pdf
info:eu-repo/semantics/altIdentifier/issn/1852-0022
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
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Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0)
eu_rights_str_mv openAccess
rights_invalid_str_mv http://creativecommons.org/licenses/by-nc-sa/4.0/
Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0)
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