Guillou, Sarah; Nesta, Lionel - Sciences économiques, Sciences Po - 2015
We investigate the effects of the establishment of the euro on the markups of French manufacturing firms. Merging firm …-level census data with customs data, we estimate time-varying firm-specific markups and distinguish between eurozone exporters from … reducing firm markups by 14 percentage points. By reducing export costs, the euro represented an opportunity for eurozone …