Essays about: "markups"
Showing result 6 - 10 of 11 essays containing the word markups.
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6. The Swedish Pharmaceutical Market: Competition and Pricing Post-Deregulation
University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomiAbstract : This paper examines the Swedish market of over-the-counter (OTC) pharmaceuticals following the reform in 2009. The market is an oligopoly and the market concentration has increased over the recent years. Several impediments to price competition are present, including asymmetric information and significant barriers to entry. READ MORE
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7. On the Link Between Innovation, Markups and Exporting
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : The relationship between innovation, markup and exporting is complex and any empirical analysis is likely to contain both self-selection and simultaneity biases. I use recently developed GMM estimation techniques to recover time-varying markups at the firm level. READ MORE
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8. Rising markups and the fall of the labor share: Predicting the effects of industry market power in the U.S.
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : This paper examines the downward trend in the U.S. labor share of income, which is shown to have declined significantly over the last two decades. This phenomenon is in direct contradiction with standard neoclassical growth theory, which postulates constant factor shares of income. READ MORE
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9. PIGS or Lambs revisited: Reassessing the Role of Rating Agencies in the European Sovereign Debt Crisis
University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomiAbstract : This paper examines whether credit rating agencies have indeed played as active a role in the Euro crisis as previously asserted. Using panel data methods for a set of 11 EMU countries, it assesses the robustness of an earlier analysis to the inclusion of additional explanatory variables. READ MORE
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10. Differences in Price Markups between Exporters and Non-Exporters
University essay from Göteborgs universitet/Graduate SchoolAbstract : This paper builds on a simple model of Cournot competition with differentiated costs to study differences between exporters and non-exporters in terms of their domestic price markup and output shares and considering the case when firms face capacity constraints in the short-run. In the absence of capacity constraints, the model confirms the finding in previous research of a higher domestic markup for exporters than for non-exporters and finds that, in equilibrium, exporters who also produce for the domestic market have higher shares of total domestic output than non-exporters. READ MORE
