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題名: | French Automobiles and the Chinese Boycotts of 2008: Politics Really Does Affect Commerce | 作者: | Hu, Wei-Min;James Prieger;Hong, Can-Hui;Zhu, Dong-Ming | 貢獻者: | 財政系 | 關鍵詞: | boycott; boycotting; voluntary contributions to public goods; economics of nationalism; free riding; consumer ethnocentrism; Chinese automobile industry; vehicles; cars | 日期: | 2011 | 上傳時間: | 4-Nov-2014 | 摘要: | We explore the economic impact of boycotts of French automobiles in China during the time of the 2008 Beijing Olympics. Conditions were favorable for a boycott, enabling Chinese consumers to overcome the collective action problems that can prevent boycott success and other voluntary contributions to public goods. We use brand and model level data in a difference-in-difference specification to investigate the boycotts’ effects on sales. A robust pattern of large impacts emerges: sales of French automobile brands fell 25-33 percent or more. Consumers substituted mostly toward Chinese and other Asian cars. The sales of the French models did not experience similar relative sales declines in countries other than China—triple-difference estimates point toward even larger relative loss of market share in China. Our results provide evidence that commerce can be used as an effective political weapon. | 關聯: | BE Journal of Economic Analysis & Policy, 11(1), 1935-1682 | 資料類型: | article | DOI: | http://dx.doi.org/10.2202/1935-1682.2681 |
Appears in Collections: | 期刊論文 |
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