Narrow search
Showing 1 - 10 of 33,660
Cover Image
Who is in the driver's seat? : markups, markdowns, and profit sharing in the car industry
2024
I develop a general framework for markup and markdown estimation that allows for profit sharing along value chains without making assumptions on conduct between vertically related firms. I derive the conditions under which the markup and markdown estimates relate to the firms' equilibrium...
Persistent link: https://www.econbiz.de/10014631791
Cover Image
Do larger firms have higher markups?
Mertens, Matthias; Mottironi, Bernardo - Leibniz-Institut für Wirtschaftsforschung Halle - 2023
, we show that larger firms have lower markups. This correlation turns positive only after conditioning on wage markdowns …Several models posit a positive cross-sectional correlation between markups and firm size, which, among others …
Persistent link: https://www.econbiz.de/10013549237
Cover Image
Do larger firms have higher markups?
Mertens, Matthias; Mottironi, Bernardo - 2023
, we show that larger firms have lower markups. This correlation turns positive only after conditioning on wage markdowns …Several models posit a positive cross-sectional correlation between markups and firm size, which, among others …
Persistent link: https://www.econbiz.de/10013482898
Cover Image
Do larger firms exert more market power? Markups and markdowns along the size distribution
Mertens, Matthias; Mottironi, Bernardo - 2023
larger firms have lower product markups but higher wage markdowns. The negative markup-size correlation turns positive when …Several models posit a positive cross-sectional correlation between markups and firm size, which characterizes … conditioning on markdowns, suggesting interactions between product and labor market power. Our findings are robust to common …
Persistent link: https://www.econbiz.de/10014342880
Cover Image
Do larger firms exert more market power? Markups and markdowns along the size distribution
Mertens, Matthias; Mottironi, Bernardo - 2023
larger firms have lower product markups but higher wage markdowns. The negative markup-size correlation turns positive when …Several models posit a positive cross-sectional correlation between markups and firm size, which characterizes … conditioning on markdowns, suggesting interactions between product and labor market power. Our findings are robust to common …
Persistent link: https://www.econbiz.de/10014342881
Cover Image
Market power, taxation and product variety in the Brazilian automobile industry
Chaves, Daniel - 2022 - This draft: June, 2022
This paper empirically assesses the impact of a discontinuous tax schedule on prices, markups and product assortment in …
Persistent link: https://www.econbiz.de/10013254567
Cover Image
Mergers and market power : evidence from rivals' responses in European markets
Stiebale, Joel; Szücs, Florian - 2019
This paper analyzes the effects of mergers and acquisitions on the markups of non-merging rival firms across a broad … production functions, we estimate markups as a measure of market power. Our results indicate that rivals significantly increase … their markups after mergers relative to a matched control group. Consistent with increases in market power, the effects are …
Persistent link: https://www.econbiz.de/10012061779
Cover Image
Mergers and market power: Evidence from rivals' responses in European markets
Stiebale, Joel; Szücs, Florian - 2019
This paper analyzes the effects of mergers and acquisitions on the markups of non-merging rival firms across a broad … production functions, we estimate markups as a measure of market power. Our results indicate that rivals significantly increase … their markups after mergers relative to a matched control group. Consistent with increases in market power, the effects are …
Persistent link: https://www.econbiz.de/10012061918
Cover Image
Endogenous Contracts Under Bargaining in Competing Vertical Chains
Milliou, Chrysovalantou; Petrakis, Emmanuel; Vettas, … - C.E.P.R. Discussion Papers - 2003
We investigate the endogenous determination of contracts in competing vertical chains where upstream and downstream firms bargain first over the type of contract and then over the contract terms. Upstream firms always opt for non-linear contracts, which specify the input quantity and its total...
Persistent link: https://www.econbiz.de/10005123524
Cover Image
(In)efficient trading forms in competing vertical chains
Petrakis, Emmanuel; Miliou, Chrysovalantou; Vettas, Nikos - Department of Economics, University of Crete - 2009
We study competing vertical chains where upstream and downstream firms bargain over their form and terms of trading. Both (conditionally) inefficient wholesale price contracts and efficient contracts that take the form of price-quantity bundles (and not of two-tariffs) arise in equilibrium under...
Persistent link: https://www.econbiz.de/10008458334