Is competition from China so special?

dc.contributor.authorHeid, B.S.
dc.contributor.authorMínguez, R.
dc.contributor.authorMindondo, A.
dc.date.issued2021
dc.descriptionVersion of Record online: 16 September 2020
dc.description.abstractCompetition from China is perceived as particularly damaging. We study whether this is true for firm performance. Using the universe of Spanish export transactions, we find that an increase in competition from China does not have a more damaging effect on export revenues, prices and number of exported products than an equally sized increase in competition from other countries. We document, though, that Chinese competition raises the probability that a firm ceases to export a good to a destination more than competition from other countries. This effect declines over time. We document an omitted variable bias in studies focusing only on Chinese competition, even when controlling for unobserved heterogeneity of destinations for different products within firms.
dc.description.statementofresponsibilityBenedikt Heid, Raúl Mínguez, Asier Minondo
dc.identifier.citationThe World Economy, 2021; 44(1):64-88
dc.identifier.doi10.1111/twec.12991
dc.identifier.issn0378-5920
dc.identifier.issn1467-9701
dc.identifier.orcidHeid, B.S. [0000-0002-2313-8614]
dc.identifier.urihttp://hdl.handle.net/2440/128379
dc.language.isoen
dc.publisherWiley
dc.relation.granthttp://purl.org/au-research/grants/arc/DP190103524
dc.rights© 2020 John Wiley & Sons Ltd
dc.source.urihttps://doi.org/10.1111/twec.12991
dc.subjectChina; competition; exports; Spain; transaction-level data
dc.titleIs competition from China so special?
dc.typeJournal article
pubs.publication-statusPublished

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