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DP6871 Domestic Rivalry and Export Performance: Theory and Evidence from International Airline Markets

Author(s): Joseph A Clougherty , Anming Zhang
Publication Date: June 2008
Keyword(s): airlines , exports , national champion , rivalry hypothesis
JEL(s): L40 , L52 , L93
Programme Areas: Industrial Organization , International Trade and Regional Economics
Link to this Page: www.cepr.org/pubs/dps/DP6871.asp.asp


The much-studied relationship between domestic rivalry and export performance consists of those supporting a national-champion rationale, and those supporting a rivalry rationale. While the empirical literature generally supports the positive effects of domestic rivalry, the national-champion rationale actually rests on firmer theoretical ground. We address this inconsistency by providing a theoretical framework that illustrates three paths via which domestic rivalry translates into enhanced international exports. Furthermore, empirical tests on the world airline industry elicit the existence of one particular path – an enhanced firm performance effect – that connects domestic rivalry with improved international exports.


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