PROTECTING THE DOMESTIC MARKET: INDUSTRIAL POLICY AND STRATEGIC FIRM BEHAVIOR

2011 ◽  
Vol 56 (02) ◽  
pp. 159-174 ◽  
Author(s):  
JENS METGE ◽  
PIA WEISS
Keyword(s):  
Market Share ◽  
Industrial Policy ◽  
Competition Policy ◽  
Switching Costs ◽  
Firm Behavior ◽  
Domestic Market ◽  
The Us ◽  
Minimum Price ◽  
Domestic Prices ◽  
Mere Existence

Asian firms frequently have to undercut domestic prices and subsidize switching costs in order to obtain a positive market share when entering European and the US markets. Such practices constitute dumping under Article VI of the General Agreement on Tariffs and Trade. We demonstrate that the mere existence of an administratively set minimum price, which is frequently used in assessing dumping allegations, protects domestic firms and has the effect of an additional entrance barrier for Asian firms. Consequently, competition policy should reassess GATT's antidumping regulation in order to keep markets open and domestic competition healthy.

Competition Policy under Economic Crisis

2009 ◽  
pp. 54-69 ◽  
Author(s):  
A. Shastitko ◽  
S. Avdasheva ◽  
S. Golovanova
Keyword(s):  
Division Of Labor ◽  
Economic Crisis ◽  
Industrial Policy ◽  
Competition Policy ◽  
Transition Economy ◽  
Economic Recession ◽  
Price Rigidity ◽  
Key Factor ◽  
Policy Measures ◽  
The Impact

The analysis of competition policy under economic crisis is motivated by the fact that competition is a key factor for the level of productivity. The latter, in its turn, influences the scope and length of economic recession. In many Russian markets buyers' gains decline because of the weakness of competition, since suppliers are reluctant to cut prices in spite of the decreasing demand. Data on prices in Russia and abroad in the second half of 2008 show asymmetric price rigidity. At least two questions are important under economic crisis: the 'division of labor' between pro-active and protective tools of competition policy and the impact of anti-crisis policy on competition. Protective competition policy is insufficient in transition economy, especially in the days of crisis it should be supplemented with the well-designed industrial policy measures which do not contradict the goals of competition. The preferable tools of anti-crisis policy are also those that do not restrain competition.

Isoglucose – How significant is the threat to the EU sugar industry?

2013 ◽  
pp. 770-777
Author(s):  
Yelto Zimmer
Keyword(s):  
Market Share ◽  
Sugar Industry ◽  
Quota System ◽  
Strong Incentive ◽  
Major Market ◽  
The Us ◽  
Sugar Market ◽  
Extreme Scenario ◽  
Competitive Product ◽  
The Eu

The EU is about to abolish the sugar – and the isoglucose – quota system in 2016/17. Isoglucose made from corn occupies about 50% of the US sweetener market while its market share in the EU caloric sweetener market is less than 5%. Against this background, this paper analyses the economics of isoglucose production in Europe in order to understand its competitiveness vis-à-vis sugar. Key results: (1) Isoglucose will become a rather competitive product. The EU sugar industry will have to give up about 40% of its current processing and profit margin in order to sell sugar at the same price as isoglucose will be traded; (2) Once industrial sugar users move to isoglucose, they will tend to be “hooked-in,” giving the sugar industry a strong incentive to defend its market share; and (3) Since only about 30% of the current sugar market is able to switch to isoglucose, the sugar industry has the option to practice a mixed calculation. In an extreme scenario, the industry may even opt to cross-subsidize sales. Therefore it’s not clear whether investors in isoglucose will be able to gain a major market share in Europe.

Some Key Issues Concerning Further Development of China’s Anti-Monopoly Law

2018 ◽  
Author(s):  
Wang Xianlin
Keyword(s):  
Intellectual Property ◽  
Industrial Policy ◽  
Competition Policy ◽  
Property Law ◽  
Antitrust Enforcement ◽  
Judicial Process ◽  
Intellectual Property Law ◽  
Strict Compliance ◽  
Key Issues ◽  
Further Development

Since the Anti-Monopoly Law was enforced in China more than eight years ago, important achievements have occurred, as well as challenges for further development. In addition to challenges relating to amending legislation, strengthening enforcement, improving the judicial process, and ensuring strict compliance, etc, there are four issues that will be focused on here, namely: taking monopoly industries as a breakthrough to further promote the enforcement of China’s Anti-Monopoly Law (both administrative and civil antitrust enforcement should focus on prominent monopolistic conducts in typical monopoly industries); properly handling the coordination between industrial policy and competition policy; promoting the cooperation between the Anti-Monopoly Law and intellectual property law; and cultivating China’s competition culture.

Biopesticide Summit – Regulatory Reform of Biopesticides, Virtual Conference, 6th July 2021

2021 ◽  
Vol 32 (4) ◽  
pp. 168-170
Author(s):  
Robin Blake
Keyword(s):  
Market Share ◽  
Regulatory System ◽  
Regulatory Reform ◽  
Non Profit ◽  
The Us ◽  
The Media ◽  
Virtual Conference ◽  
The Uk ◽  
Chemical Pesticides ◽  
The Eu

This virtual event was held as a follow-up to the inaugural Biopesticide Summit and Exhibition at Swansea University in July 2019, and postponed in 2020 due to the Covid-19 pandemic. Sarah Harding, Communication Director at The World BioProtection Forum (WBF) & Biopesticide Summit opened the event with a few brief words of introduction before handing over to Dr Minshad Ansari, Chairman of the WBF.<br/> Dr Ansari was delighted with the more than 150 attendees already logged into the event with over 300 registered. The WBF was created in 2019 as a non-profit organization to bring together industry and academia for innovation. Dr Ansari thanked the event's supporters – AgBio, Agri Life, Bayer, Bionema, Ecolibrium Biologicals, Koppert Biological Systems, Harry Butler Institute and Sri BioAesthetics, as well as the media partners including Outlooks on Pest Management. He reiterated the need for regulatory reform due to removal of chemical pesticides, demands for organic food, limited biopesticide products registered and a lengthy and costly biopesticide registration process (5 years in EU where there are just 60 products available vs. 2.1 years in USA and where over 200 products are already available on market). The US is clearly in a much better place; in Europe, it is too expensive for SMEs and little progress has been made despite the work of the IBMA (International Biocontrol Manufacturers Association) and others. With respect to the biopesticides market share (value) by region, Europe has 27.7% market share (21.3% CAGR) and yet within UK, the CAGR is limited (unlike other European countries) – there are few products available in the market compared to chemical pesticides. The current biopesticide regulation is complex and not fit for purpose (compare 60 vs 200). Industry is facing a serious problem with pest control following the removal of some chemical pesticides, e.g.European cranefly which has caused many problems to the turf industry and has been impacted by the removal of chlorpyrifos. However, Brexit provides opportunities in the UK through government plans to "Build Back Better" by supporting Green Tech. At the EU level, the EU has committed to reducing use of pesticides by 50% (equating to 505 products) by 2030 so there are opportunities here for biopesticides to fill the market.<br/> Dr Ansari finished his introduction by restating the objectives for the meeting: for the speakers to present and debate the need for reform, their visions for a successful regulatory system, and how the WBF is working towards process reform in UK biopesticide regulation.

scholarly journals Wahania koniunkturalne na światowym i polskim rynku odtłuszczonego mleka w proszku w latach 2004-2016

2017 ◽  
Vol 17(32) (1) ◽  
pp. 206-215
Author(s):  
Piotr Szajner
Keyword(s):  
Structural Changes ◽  
Dairy Industry ◽  
International Markets ◽  
Domestic Market ◽  
Strongly Correlated ◽  
Economic Activities ◽  
World Markets ◽  
The World ◽  
Domestic Prices ◽  
The Eu

Economic activities are featured with certain cycles. The cycles can concern the whole economy as well as particular sectors. The dairy industry is one of the branches that are of high importance in Polish and the world as regards food sector. Polish dairy industry faced deep structural changes and modernisation. After the accession to the EU domestic market is strongly linked to both the EU and the world markets. The production in Poland exceeds consumption by ca 20%. The surplus is exported, which ties up the situation on the domestic market with the situation on international markets. Conducted analysis of the domestic and the world markets of milk skimmed powder showed parallel fluctuations. Domestic prices and the prices on the world markets are strongly correlated. The knowledge on the characteristics of those fluctuations allows stakeholders for a proper risk management as well as elaboration of suitable policy options by government administration.

scholarly journals DAYA SAING EKSPOR TEKSTIL DAN PRODUK TEKSTIL INDONESIA DAN VIETNAM KE AMERIKA SERIKAT DAN REPUBLIK RAKYAT TIONGKOK

2018 ◽  
Vol 12 (2) ◽  
pp. 205-234
Author(s):  
. Ragimun
Keyword(s):  
Exchange Rates ◽  
Market Share ◽  
Comparative Advantage ◽  
Real Exchange Rates ◽  
Fixed Effect Model ◽  
Fixed Effect ◽  
Effect Model ◽  
The Us ◽  
Constant Market Share Analysis ◽  
Constant Market Share

AbstrakTekstil dan Produk Tekstil (TPT) adalah produk ekspor utama Indonesia dan Vietnam. Penelitian ini  bertujuan menganalisis daya saing ekspor TPT Indonesia dan Vietnam di pasar AS dan RRT. Metode yang digunakan adalah Constant Market Share Analysis (CMSA), Revealed Comparative Advantage (RCA), dan Model Ekonometrika (Fixed Effect Model). Hasil penelitian menunjukkan bahwa produk TPT Indonesia dan Vietnam tidak mempunyai daya saing kuat di pasar RRT, tetapi keduanya memiliki daya saing kuat di pasar AS. Pengembangan ekspor TPT Vietnam lebih terkonsentrasi di pasar RRT, sedangkan Indonesia lebih terkonsentrasi di pasar AS. TPT Indonesia mampu beradaptasi di pasar RRT dan AS, sedangkan TPT Vietnam hanya mampu beradaptasi di pasar RRT. Daya saing TPT Indonesia dan Vietnam di pasar AS dan RRT sangat dipengaruhi oleh Penanaman Modal Asing (PMA) manufaktur negara asal. Daya saing TPT Indonesia sangat dipengaruhi Produk Domestik Bruto (PDB) negara tujuan, sedangkan Vietnam sangat dipengaruhi oleh faktor nilai tukar riil, tarif, PDB negara tujuan dan PMA manufaktur Vietnam. Untuk meningkatkan daya saing ekspor TPT, Indonesia perlu memperhatikan PMA manufaktur negara asal dan PDB negara tujuan. AbstractTextile and Textile Product (TPT) are the main export products of Indonesia and Vietnam. This study examined the competitiveness of Indonesian and Vietnamese TPT in the US and PRC markets by using the CMSA, RCA methods and the Fixed Effect Model. The result showed TPT products from Indonesia and Vietnam do not have strong competitiveness in the PRC market, but they are highly competitive in the US market. The TPT export from Vietnam is mostly concentrated in the PRC market, while TPT from Indonesia was in the US market. Indonesian TPT is able to adapt in both PRC and US markets, while the Vietnamese TPT is only able to adapt in the PRC market. The competitiveness of Indonesian and Vietnamese TPT in the US and PRC markets is strongly influenced by the home country's FDI manufacturing. Indonesia's TPT competitiveness is strongly influenced by the GDP of the destination country, while Vietnam is strongly influenced by the factors of real exchange rates, tarrif, GDP of destination countries and Vietnam's FDI manufacturing. To improve the competitiveness of TPT export, Indonesia needs to give a great concern toward FDI manufacture and GDP of US and PRC.

Sign in / Sign up

Export Citation Format

Share Document