How large are competitive pressures in services markets?: Estimation of mark-ups for selected OECD countries
Mark-ups can provide valuable information on competitive pressures in various sectors of the economy, reflecting pressures stemming from rules of conduct imposed by regulators as well as those arising from such factors as trade and FDI or increasing consumer demands in terms of price and quality. This study estimates mark-ups for services industries in European OECD members and its novelty is that it i) allows for non-constant returns to scale, ii) jointly estimates mark-ups for all sectors and in all countries and iii) estimates mark-ups at a detailed level of sectoral disaggregation. The estimation is done for the period 1993-2006 and uses firm level data of the Amadeus database. In general, the estimated mark-ups are higher for professional services, real estate, renting and utilities, while they tend to be substantially lower for construction, computer services, retail and wholesale trade and catering. There is also large variation across countries in terms of the sizes of the estimated mark-ups. Competitive pressures according to these mark-ups should be large in the United Kingdom and most Scandinavian countries, and relatively small in Central European countries, Sweden and Italy.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 2010 (2010)
Issue (Month): 1 ()
|Contact details of provider:|| Postal: 2 rue Andre Pascal, 75775 Paris Cedex 16|
Phone: 33-(0)-1-45 24 82 00
Fax: 33-(0)-1-45 24 85 00
Web page: http://www.oecd.org
More information through EDIRC
|Order Information:||Web: http://www.oecd.org/bookshop?lang=en&pub=19952856|
When requesting a correction, please mention this item's handle: RePEc:oec:ecokac:5kmh5x5dbkf8. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.