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Using disaggregated data for Dutch manufacturing industries over the period 1975-1986 we find considerable evidence that the price-cost margins of small firms do not tend to follow those of large firms. These findings support the theory that small firms pursue a strategy of producing in distinct...
Persistent link: https://www.econbiz.de/10005474391
The goal of this papr was to investigate whether contestability has an impact on prices in Dutch manufacturing industries. The major finding were: 1- Estimating the price equation in long differences appeared to be the best technique. 2- The variables capital intensity, import penetration and...
Persistent link: https://www.econbiz.de/10005474400
The impact of competition on prices and wages in investigated using a panel of three-digit industries in the Dutch Manufacturing sector (1978-1991). Output prices are explaining using an oligopoly model, whereas wages are axplained through a bargaining model. The analysis reveals that market...
Persistent link: https://www.econbiz.de/10005656729