Concentration, Profitability and Trade in a Simultaneous Equation Analysis: The Case of Taiwan

Abstract

This paper is the first attempt to use a simultaneous four-equation system to study the role of foreign trade in the analysis of market structure and performance, and the determinants of trade intensity in a newly industrializing country-Taiwan. A cross-sectional analysis is carried out with the manufacturing censuses of 1976. The results indicate that public enterprises significantly influence market structures and performance. Also, import control measures influence import intensity significantly and offset potential impacts of imports on concentration and on profitability. However, trade intensity is mainly explained by comparative advantage rather than market forces (concentration and profitability).

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 46 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.