haku: @author Harris, R. / yhteensä: 13
viite: 3 / 13
Tekijä: | Gibson, J. Harris, R. |
Otsikko: | Trade liberalisation and plant exit in New Zealand manufacturing |
Lehti: | Review of Economics and Statistics
1996 : AUG, VOL. 78:3, p. 521-529 |
Asiasana: | TRADE NEW ZEALAND MANUFACTURING |
Kieli: | eng |
Tiivistelmä: | Data on New Zealand manufacturing plants are used to examine the impact of trade liberalisation on plant exit. Recent theories suggest that the prospect of a declining market might cause firms to adopt strategic behavior that causes low cost plants to exit first. This hypothesis is generally unsupported. Surviving plants were larger, lower cost , and were owned by specialised firms with few plants. PLant costs were more important than firm size for expanding the plant-closing behaviour of single-plant firms. |
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