Arbeitspapier
Mark-ups, industry structure and the business cycle
Information on the primal and dual productivity measure is used to estimate industry mark-ups for 4-digit U.S. manufacturing industries. Investigating the relationship between these estimates and various industry characteristics as well as their cyclical intensive industries with high growth rates and advertising to sales ratios. In contrast to previous research we do not find significant differences in mark-ups over the business cycle. We argue that the procyclicality of margins reported in earlier studies might be caused by the (false) assumption of identical average and marginal costs.
- Language
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Englisch
- Bibliographic citation
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Series: FE Working Paper ; No. 9902
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Weiss, Christoph R.
- Event
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Veröffentlichung
- (who)
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Kiel University, Department of Food Economics and Consumption Studies
- (where)
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Kiel
- (when)
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1999
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Weiss, Christoph R.
- Kiel University, Department of Food Economics and Consumption Studies
Time of origin
- 1999
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