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Price markups and returns to scale in imperfect markets: Bulgaria and Hungary

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  • Dobrinsky, Rumen
  • Korosi, Gabor
  • Markov, Nikolay
  • Halpern, Laszlo

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Bibliographic Info

Article provided by Elsevier in its journal Journal of Comparative Economics.

Volume (Year): 34 (2006)
Issue (Month): 1 (March)
Pages: 92-110

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Handle: RePEc:eee:jcecon:v:34:y:2006:i:1:p:92-110

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Web page: http://www.elsevier.com/locate/inca/622864

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References

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  1. Konings, Jozef & Van Cayseele, Patrick & Warzynski, Frédéric, 2003. "The Effects of Privatization and Competitive Pressure on Firms’ Price-Cost Margins: Micro Evidence from Emerging Economies," Working Papers, University of Aarhus, Aarhus School of Business, Department of Economics 03-17, University of Aarhus, Aarhus School of Business, Department of Economics.
  2. Ludger Linnemann, 1999. "Sectoral and aggregate estimates of the cyclical behavior of markups: Evidence from Germany," Review of World Economics (Weltwirtschaftliches Archiv), Springer, Springer, vol. 135(3), pages 480-500, September.
  3. Basu, Susanto & Fernald, John G, 1997. "Returns to Scale in U.S. Production: Estimates and Implications," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 105(2), pages 249-83, April.
  4. Domowitz, Ian & Hubbard, R Glenn & Petersen, Bruce C, 1988. "Market Structure and Cyclical Fluctuations in U.S. Manufacturing," The Review of Economics and Statistics, MIT Press, MIT Press, vol. 70(1), pages 55-66, February.
  5. Matthew D. Shapiro, 1987. "Measuring Market Power in U.S. Industry," Cowles Foundation Discussion Papers, Cowles Foundation for Research in Economics, Yale University 828, Cowles Foundation for Research in Economics, Yale University.
  6. Norrbin, Stefan C, 1993. "The Relation between Price and Marginal Cost in U.S. Industry: A Contradiction," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 101(6), pages 1149-64, December.
  7. Halpern, László & Kõrösi, Gábor, 2000. "Efficiency and Market Share in the Hungarian Corporate Sector," CEPR Discussion Papers, C.E.P.R. Discussion Papers 2544, C.E.P.R. Discussion Papers.
  8. Robert E. Hall, 1986. "The Relation Between Price and Marginal Cost in U.S. Industry," NBER Working Papers 1785, National Bureau of Economic Research, Inc.
  9. Wu, Yangru & Zhang, Junxi, 2000. "Endogenous markups and the effects of income taxation:: Theory and evidence from OECD countries," Journal of Public Economics, Elsevier, Elsevier, vol. 77(3), pages 383-406, September.
  10. Kee Hiau Looi, 2004. "Estimating Productivity When Primal and Dual TFP Accounting Fail: An Illustration Using Singapore's Industries," The B.E. Journal of Economic Analysis & Policy, De Gruyter, De Gruyter, vol. 4(1), pages 1-40, October.
  11. Justman, Moshe, 1987. "An Extension of Lerner's Monopoly Index for Markets with a Disparity between Long- and Short-run Demand Elasticities," Economic Inquiry, Western Economic Association International, Western Economic Association International, vol. 25(4), pages 681-94, October.
  12. Jozef Konings & Patrick Van Cayseele & Frederic Warzynski, 1999. "The Dynamics of Industrial Markups in Two Small Open Economies: Does National Competition Policy Matter ?," Center for Economic Studies - Discussion papers, Katholieke Universiteit Leuven, Centrum voor Economische Studiën ces9914, Katholieke Universiteit Leuven, Centrum voor Economische Studiën.
  13. Joaquim Oliveira Martins & Stefano Scarpetta & Dirk Pilat, 1996. "Mark-Up Ratios in Manufacturing Industries: Estimates for 14 OECD Countries," OECD Economics Department Working Papers, OECD Publishing 162, OECD Publishing.
  14. Dobrinsky, Rumen, 2000. "The Transition Crisis in Bulgaria," Cambridge Journal of Economics, Oxford University Press, Oxford University Press, vol. 24(5), pages 581-602, September.
  15. Roberts, Mark J. & Supina, Dylan, 1996. "Output price, markups, and producer size," European Economic Review, Elsevier, Elsevier, vol. 40(3-5), pages 909-921, April.
  16. Hoekman Bernard & Kee Hiau Looi & Olarreaga Marcelo, 2004. "Tariffs, Entry Regulation and Markups: Country Size Matters," The B.E. Journal of Macroeconomics, De Gruyter, De Gruyter, vol. 4(1), pages 1-24, September.
  17. Harry Bloch & Michael Olive, 2001. "Pricing over the Cycle," Review of Industrial Organization, Springer, Springer, vol. 19(1), pages 99-108, August.
  18. Balestra, Pietro & Varadharajan-Krishnakumar, Jayalakshmi, 1987. "Full Information Estimations of a System of Simultaneous Equations with Error Component Structure," Econometric Theory, Cambridge University Press, Cambridge University Press, vol. 3(02), pages 223-246, April.
  19. Joaquim Oliveira Martins & Stefano Scarpetta, 1999. "The Levels and Cyclical Behaviour of Mark-ups Across Countries and Market Structures," OECD Economics Department Working Papers, OECD Publishing 213, OECD Publishing.
  20. Roeger, Werner, 1995. "Can Imperfect Competition Explain the Difference between Primal and Dual Productivity Measures? Estimates for U.S. Manufacturing," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 103(2), pages 316-30, April.
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Cited by:
  1. Asaftei, Gabriel & Parmeter, Christopher F., 2010. "Market power, EU integration and privatization: The case of Romania," Journal of Comparative Economics, Elsevier, Elsevier, vol. 38(3), pages 340-356, September.
  2. Eleni A Kaditi, 2011. "Market Dynamics in Supply Chains: The Impact of Globalisation and Consolidation on Food Companie's Mark-ups," Working Papers id:4430, eSocialSciences.
  3. Rosen Marinov, 2006. "Competitive Pressure in Transition: A Role for Trade and Competition Policies?," IHEID Working Papers, Economics Section, The Graduate Institute of International Studies 06-2006, Economics Section, The Graduate Institute of International Studies.
  4. Aysun, Uluc, 2008. "Automatic stabilizer feature of fixed exchange rate regimes," Emerging Markets Review, Elsevier, Elsevier, vol. 9(4), pages 302-328, December.
  5. Kaditi, Eleni A., 2011. "Market Dynamics in Supply Chains: The Impact of Globalisation and Consolidation on Food Companies' Mark-Ups," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland, European Association of Agricultural Economists 114452, European Association of Agricultural Economists.
  6. Emanuele Forlani, 2012. "Competition in Services and Efficiency of Manufacturing Firms:Does “Liberalization” Matter?," LICOS Discussion Papers, LICOS - Centre for Institutions and Economic Performance, KU Leuven 31112, LICOS - Centre for Institutions and Economic Performance, KU Leuven.

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