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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP12918 |
DP12918 One Way to the Top: How Services Boost the Demand for Goods | |
Andrea Ariu; Florian Mayneris; Mathieu Parenti | |
发表日期 | 2018-05-07 |
出版年 | 2018 |
语种 | 英语 |
摘要 | In this paper, we take advantage of a uniquely detailed dataset on firm-level exports of both goods and services to show that demand complementarities between services and goods enable firms to boost their manufacturing exports by also providing services. The positive causal effect of services accounts for up to 25% of the manufacturing exports of bi-exporters (i.e. the firms that export both goods and services), and 12% of overall goods exports from Belgium. We find that by associating services with their goods, bi-exporters increase both the quantities and the prices of their goods. To rationalize these findings, we develop a new model of oligopolistic competition featuring one-way complementarity between goods and services, product differentiation, and love for variety. By supplying services with their goods, firms increase their market share, and hence their market power and markup. The model then shows that exporting services acts as a demand shifter for firms, increasing the perceived quality of their products. Going back to the data, we find strong confirmation for this mechanism. |
主题 | International Trade and Regional Economics |
关键词 | Demand complementarities Goods & services Firm-level exports Quality |
URL | https://cepr.org/publications/dp12918 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/541729 |
推荐引用方式 GB/T 7714 | Andrea Ariu,Florian Mayneris,Mathieu Parenti. DP12918 One Way to the Top: How Services Boost the Demand for Goods. 2018. |
条目包含的文件 | 条目无相关文件。 |
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