new effects regarding markups response to consumer heterogeneity and trade liberalization. Specifically, the model … of markups, charged by monopolistically competitive firms across destination countries. …

depend on how changes in ownership affect markups versus efficiency. We find that owner fixed effects contribute very little …

in which firms' markups are endogenous to factor input choices based on technology levels, but are also affected by …

approach that lets us to identify individual mark-ups. The results point out that tougher competition associated to openness … effect on average markups and the dispersion of performance variables is weaker. These results partially support the …

the period 1990-2005. In doing so, it takes into account the type of imported products: final vs intermediate. Markups are … inputs show similar markups to non-importers. Additionally, the union bargaining power is smaller the more final …

We investigate theoretically and empirically how exporters adjust their markups across destinations depending on … unit, our model predicts that markups rise with distance and fall with tariffs, but these effects are heterogeneous and are …

sellers charge markups over production costs and financial intermediation is costly, then buyer-seller pairs can save on their … overall financing costs by utilizing trade credit. We derive a model of trade credit and markups that captures this mechanism … this effect is stronger for complex products. Using Chilean data at the firm-level to estimate markups and at the trade …

We investigate theoretically and empirically how exporters adjust their markups across destinations depending on … unit, our model predicts that markups rise with distance and fall with tariffs, but these effects are heterogeneous and are …