IMPERFECT COMPETITION AND ANGLO-GERMAN TRADE RIVALRY - MARKETS FOR COTTON TEXTILES BEFORE 1914
成果类型:
Review
署名作者:
BROWN, JC
刊物名称:
JOURNAL OF ECONOMIC HISTORY
ISSN/ISSBN:
0022-0507
DOI:
10.1017/S0022050700041619
发表日期:
1995
页码:
494-527
关键词:
monopolistic competition
industry
摘要:
This article reappraises export performance on international markets before World War I by examining the case of cotton textiles. The German industry expanded its market share from the 1850s to 1914 despite remaining a high-cost industry relative to Great Britain. Evidence from,contemporary accounts and analysis of trade data from 1913 suggests that German success arose in part from the importance of monopolistic competition in export markets for finished cloth. Germany's relative wealth, geographic position, and perhaps the intensive marketing efforts of its industry may have enabled it to counter the cost advantage of its British rival.