Aiginger, Karl; Weiss, Christoph R. - In: Review of Industrial Organization 13 (1998) 5, pp. 543-556
This paper addresses the determinants of price-cost margins in U.S. 4-digit industries. Margins are larger in capital intensive and concentrated industries with high growth rates and R & D and advertising to sales ratios. They also fluctuate significantly over the business cycle. We go beyond...