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Price-cost mark-ups in UK industry

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journal contribution
posted on 2018-01-18, 10:15 authored by Paul Turner
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.

History

School

  • Business and Economics

Department

  • Economics

Published in

Applied Economics Letters

Citation

TURNER, P.M., 2018. Price-cost mark-ups in UK industry. Applied Economics Letters, 25(21), pp. 1557-1561.

Publisher

© Taylor & Francis (Routledge)

Version

  • AM (Accepted Manuscript)

Publisher statement

This work is made available according to the conditions of the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International (CC BY-NC-ND 4.0) licence. Full details of this licence are available at: https://creativecommons.org/licenses/by-nc-nd/4.0/

Acceptance date

2018-01-14

Publication date

2018

Notes

This is an Accepted Manuscript of an article published by Taylor & Francis in Applied Economics Letters on 25 January 2018, available online: http://www.tandfonline.com/10.1080/13504851.2018.1430328.

ISSN

1350-4851

Language

  • en

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