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Markups from Inventory Data and Export Intensity

Author

Listed:
  • Borota Milicevic, Teodora

    (Department of Economics)

  • Carlsson, Mikael

    (Department of Economics)

Abstract

In this paper we propose a novel method for the price-cost markup estimation and study the relationship between export intensity and the markup. We impose much less restrictive identifying assumptions on technology and adjustment frictions compared to previous studies and use Swedish firm-level inventory data on finished goods of own production to measure the markup. Furthermore, as we are using data on a quarterly frequency, we are able to provide novel results on the dynamic adjustment of the markup related to changes in export intensity.

Suggested Citation

  • Borota Milicevic, Teodora & Carlsson, Mikael, 2016. "Markups from Inventory Data and Export Intensity," Working Paper Series 2016:9, Uppsala University, Department of Economics.
    • Handle: RePEc:hhs:uunewp:2016_009
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    Cited by:

    1. Mikael Carlsson, 2017. "Microdata Evidence on the Empirical Importance of Selection Effects in Menu‐Cost Models," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 49(8), pages 1803-1830, December.

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    More about this item

    Keywords

    price markups; export intensity; capacity utilization; exporter pricing;
    All these keywords.

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General

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