The purpose of this paper is to treat scale economies, profit-maximizing markups, economic profitability, capacity … utilization and productivity growth within an integrated structural model, and to assess their interactions empirically using … annual two-digit U.S. manufacturing data. Attention is focused on error biases in measuring productivity using traditional …

The purpose of this paper is to treat scale economies, profit-maximizing markups, economic profitability, capacity … utilization and productivity growth within an integrated structural model, and to assess their interactions empirically using … annual two-digit U.S. manufacturing data. Attention is focused on error biases in measuring productivity using traditional …

windfall profits and provide an impulse for further price hikes. (2) To protect profit margins from rising costs, downstream …

terms of productivity. Our approach works when quantities and prices are latent, rendering standard approaches inapplicable …

markups and profit shares in a panel of Swedish industries. There is evidence of a positive relationship between intangible …