IDEAS home Printed from https://ideas.repec.org/p/mtl/montde/8550.html
   My bibliography  Save this paper

The Pricing Policy of the Private and Public Enterprise (A Flexible Markup Model Applied to the Canadian Economy)

Author

Listed:
  • Loranger, J.G.

Abstract

Who Is the Greatest Culprit for Inflation in Canada: the Private Or the State Enterprises? and Inside Each of Them, Is It Labor Or Capital (Real and Financial) Which Is Pushing Upward the Price Level Most Strongly? the Aim of This Paper Is to Test Such Hypotheses From a Sample over the Last Ten Years of Private and Public Firms Chosen Among the Utility S Sector Where the Largest Private and Public Canadian Corporations Are Concentrated. the Theoretical Justification of Such a Model Is Derived From a Generalization of the Markup Model Where All Production Factors, Including Finance As a Distinct Factor From Capital, Are Taken Into Consideration. It Is Also Demonstrated the Link Between the Markup Approach and the Qualitative Theory of Money and Finance. From the First Econometric Results, the Existence of a Different Behavior Between Private and State Enterprises Is Confirmed by the Estimation of the Total Cost Or Revenu Function, Although the Positive Differential Cost of Labor in the State Enterprises Would Be Almost Exactly Compensated by the Negative Differential Cost of Capital (Real and Financial). the Large and Significant Differences Between Sectors Is Also a Clear Indication That the Use of the Generalized Least Squares Estimator Would Be the Best Appropriate Method for Handling Such Econometric Tests.

Suggested Citation

  • Loranger, J.G., 1985. "The Pricing Policy of the Private and Public Enterprise (A Flexible Markup Model Applied to the Canadian Economy)," Cahiers de recherche 8550, Universite de Montreal, Departement de sciences economiques.
  • Handle: RePEc:mtl:montde:8550
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mtl:montde:8550. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sharon BREWER (email available below). General contact details of provider: https://edirc.repec.org/data/demtlca.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.