Imperfect Competition in Firm-to-Firm Trade
نویسندگان
چکیده
Abstract This paper studies the implications of imperfect competition in firm-to-firm trade. Exploiting data on universe sales relationships between Belgian firms, we document that firms’ markups increase average input shares among their buyers. Motivated by this fact, develop and estimate a model where firms charge buyer–supplier-specific depend bilateral shares. We find markup dispersion within across buyers creates substantial welfare loss: Aggregate increases around 6% when are banned from charging different
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ژورنال
عنوان ژورنال: Journal of the European Economic Association
سال: 2022
ISSN: ['1542-4766', '1542-4774']
DOI: https://doi.org/10.1093/jeea/jvac013