Query Result Set
Skip Navigation Links
   ActiveUsers:1904Hits:25696681Skip Navigation Links
Show My Basket
Contact Us
IDSA Web Site
Ask Us
Today's News
HelpExpand Help
Advanced search

  Hide Options
Sort Order Items / Page
STRATEGY WHEN ENERGY (1) answer(s).
 
SrlItem
1
ID:   192782


Selling under other skies when energy prices skyrocket: How do the companies adapt their export strategy when energy prices rise? / Dussaux, Damien   Journal Article
Dussaux, Damien Journal Article
0 Rating(s) & 0 Review(s)
Summary/Abstract The prospect of higher carbon taxation raises concerns that these policies could hinder the ability of domestic industry to compete in export markets, especially for energy-intensive sectors. The recent jump in energy prices leads to even greater worries. This paper investigates the impact of a change in energy prices on export patterns of manufacturing firms using a large panel of French firms observed from 2001 to 2015. The identification strategy uses a fixed weight energy price index as a shift-share instrumental variable for the average energy cost. For the average firm we find that a 10% increase in the energy cost is associated with a 3.6% decrease in total export value, a 1.3% decrease in the number of export destinations, and a 2.3% increase in export prices. But there are substantial heterogeneities between firms facing a similar increase in energy costs and the impact of an energy cost increase differs from one destination export to another.
Key Words Skyrocket  Strategy when energy 
        Export Export