Pricing in International Markets: a 'Small-Country' Benchmark

David Parsley ()

International Finance from EconWPA

Abstract: This study examines export pricing to market (PTM) in a ‘small-country’ context using a panel of disaggregated exports from Hong Kong since 1992. Conventional wisdom is that PTM is commonplace – except for U.S. exports. This study provides a benchmark by which to interpret the puzzling behavior of U.S. export prices. Empirically, Hong Kong’s export price behavior is comparable to that from the U.S. This similarity reinforces the idea that PTM behavior is also a function of home market conditions and the ability to price discriminate across markets. There is little evidence of differences in PTM across Hong Kong’s export destinations.

Keywords: pricing to market; small-country (search for similar items in EconPapers)
JEL-codes: F30 F41 F42 (search for similar items in EconPapers)
Date: 2002-11-11
Note: Type of Document - pdf; prepared on IBM PC - PC-TEX/UNIX Sparc TeX; to print on HP/PostScript/Franciscan monk; pages: 26; figures: 0
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http://129.3.20.41/eps/if/papers/0211/0211002.pdf (application/pdf)

Related works:
Working Paper: Pricing in International Markets: A 'Small Country' Benchmark (2001)
Journal Article: Pricing in International Markets: a "Small-country" Benchmark (2004)
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpif:0211002

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