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This paper uses industry and firm data to look at price cost mark-ups and firm profit margins in U.K. manufacturing and … average mark-ups and the profit margin results both suggest that there is imperfect competition in manufacturing and services …. Second, mark-ups are pro-cyclical, as are profit margins even after allowing for movements in their standard determinants …
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This paper focuses on the determinants of aggregate investment spending in the UK for the industrial and commercial companies (ICC) sector. It complements recent work by Cuthbertson and Gasparro, who study an augmented Tobin's q model of investment in the manufacturing sector. Important focal...
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