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China's export registration in the automobile industry: Effects on manufacturer-intermediary match efficiency
https://agi.repo.nii.ac.jp/records/179
https://agi.repo.nii.ac.jp/records/17920ef8911-da6e-4f32-b177-8e3a4722d7be
名前 / ファイル | ライセンス | アクション |
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WP2019-06 (2.5 MB)
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Item type | ワーキングペーパー/Working Paper(1) | |||||
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公開日 | 2019-03-13 | |||||
タイトル | ||||||
タイトル | China's export registration in the automobile industry: Effects on manufacturer-intermediary match efficiency | |||||
言語 | en | |||||
言語 | ||||||
言語 | eng | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
主題 | trade intermediary | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
主題 | matching | |||||
キーワード | ||||||
言語 | en | |||||
主題Scheme | Other | |||||
主題 | export regulation | |||||
資源タイプ | ||||||
資源タイプ識別子 | http://purl.org/coar/resource_type/c_8042 | |||||
資源タイプ | working paper | |||||
著者 |
孫, 曉男
× 孫, 曉男 |
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抄録 | ||||||
内容記述タイプ | Abstract | |||||
内容記述 | In 2007, China implemented a policy requiring automobile producers to distribute through at most three trade intermediaries and list their intermediaries on a registry. Motivated by the registration requirements and granularity in the order sizes handled by most intermediaries, this paper develops a model to describe the matches between automakers and intermediaries. The model shows market division arises endogenously due to the regulation. It creates inefficiencies in matching and double marginalization. The model predictions coincide with a number of stylized facts: a strong decline in the number of auto intermediaries, assortative matching, export price increases for intermediaries, and substantial churning in the sets of intermediaries registered by the automakers. Welfare analysis in terms of total profit shows that this regulation benefits automakers, especially those relatively less efficient ones while intermediaries are made worse off. |
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言語 | en | |||||
書誌情報 |
en : AGI Working Paper Series 巻 2019-06, p. 1-45, 発行日 2019-03 |
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著者版フラグ | ||||||
出版タイプ | NA | |||||
出版タイプResource | http://purl.org/coar/version/c_be7fb7dd8ff6fe43 | |||||
JEL分類コード | ||||||
主題Scheme | Other | |||||
主題 | JEL classification: F13, F14 |