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

David Parsley

International Finance from University Library of Munich, Germany

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)
Pages: 26 pages
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
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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

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