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Mark-ups in the Hungarian Corporate Sector

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Author Info

  • Laszlo Halpern
  • Gabor Korost

Abstract

One of the major tasks facing a transition economy is to create the competitive environment of a properly functioning market economy. This paper attempts to analyze the relationship of market structure, market imperfections and corporate performance by mark-up pricing. There is clear evidence for the existence of such market imperfections. However, these imperfections cannot be attributed to one single factor. We develop a varying coefficient model for the relationship between the factors facilitating rent-collection and the sectoral mark-ups.

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File URL: http://www.wdi.umich.edu/files/Publications/WorkingPapers/wp411.pdf
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Bibliographic Info

Paper provided by William Davidson Institute at the University of Michigan in its series William Davidson Institute Working Papers Series with number 411.

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Length: pages
Date of creation: 01 Aug 2001
Date of revision:
Handle: RePEc:wdi:papers:2001-411

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Related research

Keywords: firms in transition economy; market imperfections; mark-up pricing;

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Cited by:
  1. Jérôme Sgard, 2001. "Direct Foreign Investments and Productivity Growth in Hungarian Firms, 1992-1999," Sciences Po publications 2001-19, Sciences Po.
  2. Rumen Dobrinsky & Gabor Korosi & Nikolay Markov & Laszlo Halpern, 2004. "Firms’ Price Markups and Returns to Scale in Imperfect Markets - Bulgaria and Hungary," IEHAS Discussion Papers 0412, Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences.
  3. Jérôme Sgard, 2001. "Direct Foreign Investments and Productivity Growth in Hungarian Firms, 1992-1999," Working Papers 2001-19, CEPII research center.
  4. Rumen Dobrinsky & Boyko Nikolov & Nikolay Markov, 2001. "Mark-Up Pricing in Bulgarian Manufacturing," William Davidson Institute Working Papers Series 389, William Davidson Institute at the University of Michigan.
  5. Jérôme Sgard, 2001. "Direct Foreign Investments And Productivity Growth In Hungarian Firms, 1992-1999," William Davidson Institute Working Papers Series 425, William Davidson Institute at the University of Michigan.

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