Competition and Market Power in the Manufacturing Industries: A Comparative Study

Artikel

This paper examines the gap between marginal cost and the price of 22 manufacturing industries in Iran at ISIC 2-digit level and 32 industries at a 3-digit level during 1995-2015 compared to selected countries. It examines the gap by using the Hall-Roeger model. We found that in garments, basic chemicals, non-metallic mining, and refined petroleum products, the price and marginal cost difference are high and in tobacco industries are low. In 3 out of 22 industries at ISIC 2- digit level and in 11 out of 32 industries at 3-digit level, Iranian industries have higher markups and a significant gap between price and marginal cost than Japan, Germany, France, and the United Kingdom. Also from 32 industries in ISIC 3-digit level and 22 industries in 2-digit level, Iran has the lowest mark-up in the tobacco industry with 1.03 and in chemical products with 2,33, has the highest markup.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: International Economics Studies ; ISSN: 2476-3713 ; Volume: 51 ; Year: 2021 ; Issue: 2 ; Pages: 15-22 ; Isfahan, Iran: University of Isfahan

Classification and Topics

• Classification: Wirtschaft
• Subject: Markup ; Manufacturing Industries ; Market Power ; Marginal Cost ; Iranian Economy

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Mohseni, Hadiseh ; Pahlavani, Mosayeb ; Shahiki Tash, Mohhamad Nabi ; Mirjalili, Seyed Hossein
• Event: Veröffentlichung
• (who): University of Isfahan
• (where): Isfahan, Iran
• (when): 2021

Further information

• DOI: doi:10.22108/IES.2020.122212.1080
• Handle: http://hdl.handle.net/10419/261289
• Last update: 10.03.2025, 11:43 AM CET