International Competitiveness and Industry Pricing in Canadian Manufacturing
Canadian Journal of Economics, 1988, vol. 21, issue 2, 410-26
This paper examines the effect of the international competitiveness of home producers on their pricing. Evidence based on the 1970-75 period supports the claim that in the Canadian manufacturing sector domestic prices are set in accordance with a mixture of two pricing hypotheses: the "Eastman-Stykolt pricing hypothesis" (ESPH) and the "monopolistic pricing hypothesis" (MPH). However, in the 1975-80 period when their competitiveness increased, prices were set solely according to the MPH. For the purposes of assessing the impact of free trade, this paper shows the circumstances under which each or a mixture of these pricing hypotheses employed in the Harris-Cox model on the gains from freer trade would be appropriate.
References: Add references at CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed
Downloads: (external link)
http://links.jstor.org/sici?sici=0008-4085%2819880 ... CAIPI%3E2.0.CO%3B2-9 (text/html)
only available to JSTOR subscribers
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:cje:issued:v:21:y:1988:i:2:p:410-26
Ordering information: This journal article can be ordered from
https://www.economic ... ionen/membership.php
Access Statistics for this article
Canadian Journal of Economics is currently edited by Katherine Cuff
More articles in Canadian Journal of Economics from Canadian Economics Association Canadian Economics Association Prof. Werrner Antweiler, Treasurer UBC Sauder School of Business 2053 Main Mall Vancouver, BC, V6T 1Z2. Contact information at EDIRC.
Bibliographic data for series maintained by Prof. Werner Antweiler ().