European High-End Varieties in International Competition
Lionel Fontagné () and
Additional contact information
Sophie Hatte: PSE - Paris School of Economics, UNIROUEN - Université de Rouen Normandie - NU - Normandie Université, CES - Centre d'économie de la Sorbonne - CNRS - Centre National de la Recherche Scientifique - UP1 - Université Panthéon-Sorbonne
Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL
We study international competition in high-end varieties for 416 detailed HS6 product categories marketed by the leading French luxury brands. We construct a world database of trade flows for these products, computing unit values of related bilateral trade flows and analyzing competition among the main exporters. We use the observed distribution of unit values to define a high-end market segment. Exports of high-end varieties are shown to be less sensitive to distance, and found more sensitive to destination country wealth than other varieties, but only in relation to countries already producing a large range of luxury brands, pointing to a first-mover advantage.
Keywords: Product differentiation; Market shares; Unit values (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-int
Note: View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-01299820
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
Working Paper: European High-End Varieties in International Competition (2014)
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:hal:cesptp:hal-01299820
Access Statistics for this paper
More papers in Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL
Bibliographic data for series maintained by CCSD ().