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markups from both value added and sales and empirically test whether some of the global trends in market power can be seen in … Slovak firm level data as well. I find that the markups in Slovakia in fact declined since 2010, both in terms of value added … and sales. Although the decrease in sales markups is negligible, the value added aggregate markup declined by 25% from 2 …
Persistent link: https://www.econbiz.de/10012604558
The paper uses the Johansen cointegration approach to analyse long-run pricing strategies of pork and chicken retailers in Austria. Long-run retail pricing strategy is found to be dependent on market share and price elasticity of demand for product. A combination of mark-up pricing strategy for...
Persistent link: https://www.econbiz.de/10010292406
and high firm markups. This paper reviews the existing literature and discusses what can be learnt from new administrative … firm-level panel data. I present new evidence on South African markups, industrial concentration, and the firm …-size distribution, for sectors across the South African economy. I find that conclusions on whether markups are 'high' or 'low' are …
Persistent link: https://www.econbiz.de/10012146543
While there is widespread evidence of increasing markups in the United States and other developed economies in the last …--measured as price-cost markups--in the six largest Latin American economies from a worldwide perspective. First, average markups … deciles. Third, in contrast to the prediction of most theories about endogenously variable markups, I document a nonlinear …
Persistent link: https://www.econbiz.de/10014564002
Large publishing companies have been dominating scientific publishing for long, which leads to high subscription fees and inhibited access to scientific knowledge. At digital era, the opportunity of an unrestricted access appears feasible, because the cost of publishing should be low. It is no...
Persistent link: https://www.econbiz.de/10012144646
(Price, Market Share and Characteristics). We estimate company (product) mark-ups consistent with a structural model of …
Persistent link: https://www.econbiz.de/10010293879
We consider a standard result of customer market theory: if firms have stable customer relations and face financial … Survey. All things being equal, financially constrained firms charge higher markups when faced with low demand; this …
Persistent link: https://www.econbiz.de/10011916868
) linked with balance sheet data to study the relationship between key aspects of globalization and firm-level markups. The … main results are: (i) Exporting is positively correlated with markups; (ii) Importing intermediate inputs and outsourcing … are also positively correlated with markups; (iii) Firms with affiliates have higher markups than other firms, while …
Persistent link: https://www.econbiz.de/10011944878
This paper studies the relationship between firm markups and importing intermediate inputs and exporting using detailed …
Persistent link: https://www.econbiz.de/10011444425
factor prices has a positive effect on markups. We show theoretically that firms with higher shares of inputs with volatile … prices set higher markups. We use the Bartik shift-share approach to empirically test whether firms which use more oil … relative to other inputs set higher markups when oil prices are more volatile. Our estimates imply that a one standard …
Persistent link: https://www.econbiz.de/10013329997