The impact of trade liberalisation on market concentration
In this empirical study, we use the Difference in Difference estimation to investigate the impact of trade liberalisation on market concentration. We include different measures of market concentration to examine the effect of trade liberalisation on different firm levels (e.g., HHI, CR20, CR4, etc.)...
| Main Author: | |
|---|---|
| Format: | Thesis (University of Nottingham only) |
| Language: | English |
| Published: |
2023
|
| Subjects: | |
| Online Access: | https://eprints.nottingham.ac.uk/76502/ |
| _version_ | 1848800909753057280 |
|---|---|
| author | Zhu, Hengxi |
| author_facet | Zhu, Hengxi |
| author_sort | Zhu, Hengxi |
| building | Nottingham Research Data Repository |
| collection | Online Access |
| description | In this empirical study, we use the Difference in Difference estimation to investigate the impact of trade liberalisation on market concentration. We include different measures of market concentration to examine the effect of trade liberalisation on different firm levels (e.g., HHI, CR20, CR4, etc.). We employed the Annual Surveyed Industrial Enterprise (ASIE) firm-industry level dataset to compute the market concentration. Our findings show that output tariff reduction has a significant positive impact on market concentration. This result is robust at all levels of market concentration measures. Then, we found that under trade liberalisation, rising market concentration is mainly driven by the decreasing number of firms. |
| first_indexed | 2025-11-14T20:59:03Z |
| format | Thesis (University of Nottingham only) |
| id | nottingham-76502 |
| institution | University of Nottingham Malaysia Campus |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T20:59:03Z |
| publishDate | 2023 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | nottingham-765022025-02-28T15:19:11Z https://eprints.nottingham.ac.uk/76502/ The impact of trade liberalisation on market concentration Zhu, Hengxi In this empirical study, we use the Difference in Difference estimation to investigate the impact of trade liberalisation on market concentration. We include different measures of market concentration to examine the effect of trade liberalisation on different firm levels (e.g., HHI, CR20, CR4, etc.). We employed the Annual Surveyed Industrial Enterprise (ASIE) firm-industry level dataset to compute the market concentration. Our findings show that output tariff reduction has a significant positive impact on market concentration. This result is robust at all levels of market concentration measures. Then, we found that under trade liberalisation, rising market concentration is mainly driven by the decreasing number of firms. 2023-12-14 Thesis (University of Nottingham only) NonPeerReviewed application/pdf en cc_by https://eprints.nottingham.ac.uk/76502/1/Hengxi_zhu.pdf Zhu, Hengxi (2023) The impact of trade liberalisation on market concentration. MRes thesis, University of Nottingham. Difference in Difference estimation; Trade liberalisation; Output tariff reduction |
| spellingShingle | Difference in Difference estimation; Trade liberalisation; Output tariff reduction Zhu, Hengxi The impact of trade liberalisation on market concentration |
| title | The impact of trade liberalisation on market concentration |
| title_full | The impact of trade liberalisation on market concentration |
| title_fullStr | The impact of trade liberalisation on market concentration |
| title_full_unstemmed | The impact of trade liberalisation on market concentration |
| title_short | The impact of trade liberalisation on market concentration |
| title_sort | impact of trade liberalisation on market concentration |
| topic | Difference in Difference estimation; Trade liberalisation; Output tariff reduction |
| url | https://eprints.nottingham.ac.uk/76502/ |