Trade Openness, Market Competition, and Inflation: Some Sectoral Evidence from OECD Countries

Research, Preprint OPEN
Binici, Mahir; Cheung, Yin-Wong; Lai, Kon S.;
(2011)
  • Publisher: Munich: Center for Economic Studies and Ifo Institute (CESifo)
  • Subject: trade openness | E31 | Außenhandelsliberalisierung | C23 | market structure | static panel | Inflation | Wettbewerb | L16 | Produktivität | Branche | trade openness, inflation, market structure, static panel, dynamic panel | dynamic panel | Marktstruktur | Politik der offenen Tür | Schätzung | OECD-Staaten
    • jel: jel:C23 | jel:E31 | jel:L16
      ddc: ddc:330

This study evaluates the role market competition plays in determining inflation based on sector-level data from OECD countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity. Nonetheless, previous empirical stu... View more
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