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We follow the production function approach to assess markups, which requires the estimation of the output elasticity of … hours as free input. We find rather stable markups in the Netherlands in the period 2006-2016. We show that extending the …
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and document that markups and gross profit rates increase substantially as the role of variable costs in production … input expenditure, but that markups increase by more than necessary to break even, and that this phenomenon operates …
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I estimate the effects of two Canadian internal trade liberalizations on plant-level productivity, markups, and exports … productivity and markups for 2004-2012. Then, using difference-in-differences methods, I find that the NWPTA increased the … plant-level total factor productivity but had no significant impact on plant-level markups. The agreement raised the average …
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productivity. In the model, equilibrium distributions of both prices and markups are non-degenerate and continuous with a firm … differences in prices and markups across firms. These differences stem from firm-level variation in demand elasticities driven by … individual firm prices and markups respond to cost and demand changes. This allows us to analyze empirically heterogeneity in …
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of the evolution of aggregate UK and French productivity and markups: 2) Analyse the spatial distribution of productivity …
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degrees of markups. In a framework with homogeneous firms, Mankiw and Whinston (1986) show that the long-run Cournot … between both. Our simulation results show that markups surprisingly only induce slight inefficiencies in the allocation of …
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This paper develops a theory of oligopoly and markups in general equilibrium. Firms compete in a network of product … corporations in the USA, using publicly-available data. Using the model, I compute firm-level markups and decompose them into: 1) a …
Persistent link: https://www.econbiz.de/10014290154
. Wage increases also contributed to prices hikes. Interestingly, markups appeared to play no role in driving up prices and …
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