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Mark-Up Ratios in Manufacturing Industries

Mark-Up Ratios in Manufacturing Industries General Distribution OCDE/GD(96)61 ECONOMICS DEPARTMENT WORKING PAPERS NO. 162 MARK-UP RATIOS IN MANUFACTURING INDUSTRIES Estimates for 14 OECD Countries by Joaquim Oliveira Martins, Stefano Scarpetta and Dirk Pilat ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT Paris 1996 32647 Document complet disponible sur OLIS dans son format d'origine Complete document available on OLIS in its original format MARK-UP RATIOS IN MANUFACTURING INDUSTRIES Estimates for 14 OECD Countries This paper provides estimates of mark-ups of product prices over marginal costs for 36 manufacturing industries in 14 OECD countries over the 19701992 period. The estimates are based on the methodology put forward by Roeger (1995), extended to include intermediate inputs. After a discussion of analytical and data issues, the estimates are presented and shown to be smaller than those of previous studies. It is also shown that the level and dispersion of mark-ups are consistent with a priori views about characteristics of the market structure prevailing in each industry. Finally, the paper examines how mark-up estimates affect the estimated rate of growth of total factor productivity (TFP). ***** Cette étude fournit des estimations sur le taux de marge des prix sur les coûts marginaux pour 36 industries manufacturières et 14 pays de http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png OECD Economics Department Working Papers The Organisation for Economic Co-operation and Development (OECD)

Mark-Up Ratios in Manufacturing Industries

The Organisation for Economic Co-operation and Development (OECD) — Jan 1, 1996

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The Organisation for Economic Co-operation and Development (OECD)
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Abstract

General Distribution OCDE/GD(96)61 ECONOMICS DEPARTMENT WORKING PAPERS NO. 162 MARK-UP RATIOS IN MANUFACTURING INDUSTRIES Estimates for 14 OECD Countries by Joaquim Oliveira Martins, Stefano Scarpetta and Dirk Pilat ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT Paris 1996 32647 Document complet disponible sur OLIS dans son format d'origine Complete document available on OLIS in its original format MARK-UP RATIOS IN MANUFACTURING INDUSTRIES Estimates for 14 OECD Countries This paper provides estimates of mark-ups of product prices over marginal costs for 36 manufacturing industries in 14 OECD countries over the 19701992 period. The estimates are based on the methodology put forward by Roeger (1995), extended to include intermediate inputs. After a discussion of analytical and data issues, the estimates are presented and shown to be smaller than those of previous studies. It is also shown that the level and dispersion of mark-ups are consistent with a priori views about characteristics of the market structure prevailing in each industry. Finally, the paper examines how mark-up estimates affect the estimated rate of growth of total factor productivity (TFP). ***** Cette étude fournit des estimations sur le taux de marge des prix sur les coûts marginaux pour 36 industries manufacturières et 14 pays de

Journal

OECD Economics Department Working PapersThe Organisation for Economic Co-operation and Development (OECD)

Published: Jan 1, 1996

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