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231006 ||| eng |
| 100 |
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|a Li, Yue
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| 245 |
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|a FDI, Market Power, and Markups
|h Elektronische Ressource
|b Evidence from Vietnam
|c Yue Li
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| 260 |
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|a Washington, D.C
|b The World Bank
|c 2022
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| 300 |
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|a 23 pages
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| 653 |
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|a Macroeconomics and Economic Growth
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| 653 |
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|a Business Cycles and Stabilization Policies
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| 653 |
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|a Competitiveness
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| 653 |
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|a Privately Held Firms
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| 653 |
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|a Firm Markups
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| 653 |
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|a Agribusiness and Markets
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| 653 |
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|a Competition Economics
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| 653 |
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|a State-Owned Enterprises
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| 653 |
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|a Foreign Direct Investment
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| 653 |
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|a Business in Development
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| 653 |
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|a Business, Peace and Democracy
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| 653 |
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|a Private Sector Development
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| 653 |
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|a International Economics and Trade
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| 653 |
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|a Market Power
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| 700 |
1 |
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|a Albertson, Mark
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| 700 |
1 |
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|a Pinzon Latorre, Mauricio
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| 700 |
1 |
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|a Kuo, Ryan
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| 041 |
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7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b WOBA
|a World Bank E-Library Archive
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| 028 |
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|a 10.1596/1813-9450-9998
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| 856 |
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|u http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-9998
|x Verlag
|3 Volltext
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| 082 |
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|a 330
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| 520 |
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|a To date, the impact of foreign direct investment on market power and consumer welfare in developing countries has been relatively understudied. Utilizing a firm survey dataset from Vietnam, this paper first calculates firm-level markups for manufacturing firms and then analyzes the impact of foreign direct investment and foreign ownership on firm markups. Overall, the findings show that increases in the presence of foreign firms in a given industry are associated with decreases in markups in that industry, despite foreign firms individually charging higher markups on average than their domestic competitors. The findings further show that while the markups of both foreign- and domestic-owned private firms tend to decrease with greater foreign direct investment, state-owned enterprises may be relatively insulated from foreign direct investment driven competitive pressures. These results are robust to the inclusion or exclusion of potential outliers and the potential non-random selection of firms acquired by foreign investors
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