Price-cost mark-ups in UK industry
Paul Turner
2134/28148
https://repository.lboro.ac.uk/articles/journal_contribution/Price-cost_mark-ups_in_UK_industry/9493790
This paper tests for the presence of monopolistic price markups across UK
industrial sectors by testing for a non-zero covariance between the Solow residual and
various instruments. This follows the methodology of Hall (1988). We find evidence of
significant markups in the Manufacturing and Services sectors which together account for
more than 90% of total employment within the UK.
2018-01-18 10:15:11
untagged
Economics not elsewhere classified