Import Share under International Oligopoly with Differentiated Products: Japanese Imports in U.S. Manufacturing

Hideki Yamawaki and David Audretsch ()

The Review of Economics and Statistics, 1988, vol. 70, issue 4, 569-79

Abstract: This paper seeks to identify the determinants of the Japanese impor t share in the U.S. market. From the assumptions of international oligopoly and internationally differentiated products, a theoretical model is developed where import share is considered as a Cournot-Nash equilibrium. The relative position of the reaction functions is determined by the previous commitments of both domestic and foreign firms on advertising, R&D, and tangible investment, as well as by artificial and natural trade barriers. Using a sample of twenty-four three-digit, import-competing, U.S. industries matched to Japanese industries, the empirical analysis provides evidence supporting the model's predictions that the relative strategic expenditures and market structures of both partners explain the Japanese import share in U.S. markets. Copyright 1988 by MIT Press.

Date: 1988
References: Add references at CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://links.jstor.org/sici?sici=0034-6535%2819881 ... O%3B2-V&origin=repec full text (application/pdf)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tpr:restat:v:70:y:1988:i:4:p:569-79

Ordering information: This journal article can be ordered from
https://mitpressjour ... rnal/?issn=0034-6535

Access Statistics for this article

The Review of Economics and Statistics is currently edited by Pierre Azoulay, Olivier Coibion, Will Dobbie, Raymond Fisman, Benjamin R. Handel, Brian A. Jacob, Kareen Rozen, Xiaoxia Shi, Tavneet Suri and Yi Xu

More articles in The Review of Economics and Statistics from MIT Press
Bibliographic data for series maintained by The MIT Press ().